12-05-2015 12:40 via news.yahoo.com

Warner Music Group says streaming is gaining steam

Warner Music Group has announced a major uptick in recorded music streaming, as the industry continues to look beyond downloads to paid subscriptions. The company announced on Monday that its recorded music division had received more revenue from streaming than paid for digital downloads in the quarter ending March 31, an unprecedented announcement from any of the major music labels. Overall, recorded music streaming revenue increased by 33 percent, giving more support to the idea that even with
Read more »