Digital Downloads Dip for the First Time in a Decade

As CD sales have rapidly plunged over the past decade, the music industry has clung hope to the steep incline of digital downloads

New data released this week however, by tracking service Nielsen SoundScan has suggested, for the first time since Apple iTunes opened its store in 2003, that digital download revenue is heading towards its first yearly decline

For year to date, 1.01 billion tracks have been sold in the United States – 4% down from the same time last year

Whilst music executives and analysts disagree exactly the cause, many have suggested music services such as  Pandora, Spotify and YouTube the likely case

To read more, visit:  http://nyti.ms/1gd5Jw7