Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads125_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 8

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads120_90_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 129

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads120_60_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 250

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads120_600_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 372

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads120_240_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 493

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads160_600_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 613

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads300_600_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 721

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads250_250_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 830

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads300_100_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 942

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; ads300_250_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-ads.php on line 1054

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_video_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-video.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_posts_list has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-posts.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_login_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-login.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_google_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-google.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_widget_tabs has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-tabbed.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_flickr_photos has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-flickr.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_author_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-author.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; author_post_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-author.php on line 70

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_social_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-social.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_search has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-search.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_slider has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-slider.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; TIE_WeatherWidget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-weather.php on line 216

Deprecated: Function create_function() is deprecated in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-weather.php on line 288

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_youtube_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-youtube.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_Latest_Tweets has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-twitter.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_timeline_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-timeline.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_facebook_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-facebook.php on line 7

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_categort_posts has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-category.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_news_pic has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-news-pic.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_text_html has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-text-html.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_feedburner_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-feedburner.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_soundcloud has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-soundcloud.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_author_custom has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-author-custom.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_Author_Bio has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-custom-author.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_authors_posts has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-authors-posts.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; tie_comments_avatar has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/widgets/widget-comments-avatar.php on line 6

Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; arqam_lite_counter_widget has a deprecated constructor in /home/nitin198/public_html/wp-content/themes/MCT/framework/functions/arqam-lite.php on line 728

Deprecated: The called constructor method for WP_Widget in ads125_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads120_90_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads120_60_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads120_600_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads120_240_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads160_600_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads300_600_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads250_250_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads300_100_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in ads300_250_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_video_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_posts_list is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_login_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_google_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_widget_tabs is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_flickr_photos is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_author_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in author_post_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_social_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_search is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_slider is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in TIE_WeatherWidget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_youtube_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_Latest_Tweets is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_timeline_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_facebook_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_categort_posts is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_news_pic is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_text_html is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_feedburner_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_soundcloud is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_author_custom is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_Author_Bio is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_authors_posts is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in tie_comments_avatar is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952

Deprecated: The called constructor method for WP_Widget in arqam_lite_counter_widget is deprecated since version 4.3.0! Use __construct() instead. in /home/nitin198/public_html/wp-includes/functions.php on line 4952
Physical Media Outselling Digital Music Downloads
Home >> News >> Physical Media Outselling Digital Music Downloads

Physical Media Outselling Digital Music Downloads

Vinyl record collectionFor the first time in six years, physical media like vinyl and CDs are outselling digital music downloads. The recording music industry reported that music streaming has generated more revenue than all types of media formats, but somehow music downloads landed on the last spot last year.

Surprisingly, music downloads lag behind physical media even though shipments of CDs and vinyl slipped 4 percent last year, to $1.5 billion. This is because the revenue generated by paid music downloads plunged 25% last year, to $1.3 billion.

This is mainly because users have focused more on music streaming services like YouTube, which heavily rely on ads for revenue. Music streaming was behind nearly 70% of the total revenue of the recording industry last year.

The industry acknowledged that most of the growth in 2017 was generated by streaming services. Plus, streaming services have become more diverse with Amazon offering a “limited tier service” like Prime streaming to users of its smart speaker Echo.

Music Streaming, Physical Media Outselling Digital Music Downloads

Prime streaming via Echo and Pandora Plus represented 14% of the music subscription market in 2017, according to the numbers released by the he Recording Industry Association of America (RIAA). This marks a 3 percent growth from 2016 levels.

The RIAA report also shows that the music industry is faring quite well despite criticism that the Internet is killing it. In the U.S., the recording industry’s wholesale revenues hit the $1.1 billion mark, while retail revenues stood at $2 billion in the last three years.

Digital music downloads are behind 15% of the industry’s total revenue, with CDs and vinyl being behind 17%. Even though vinyl may seem outdated, it still has many fans. The RIAA report labeled the physical media format as “a bright spot among physical formats.”

Last year, vinyl sales generated $395 million in revenue, which represents a 10% gain from previous year.
Image Source: Pexels

About Megan Bailey

Megan Bailey is a true journalist, but it wasn’t easy for her to find her true calling. She worked in a PC service all throughout her college and not she is using her hardware and software skills to write technology articles. The thing she loves most about her job is being able to keep tech lovers up to date with the recent trends.

Leave a Reply

Your email address will not be published. Required fields are marked *