Streaming Has Already Generated $1 Billion for Sony Music This Year

As fans move away from digital downloads and physical formats, music streaming brings in over $1 billion at Sony Music. For the first quarter of 2017, Sony Music reported an impressive 18.8% sales and operating revenue gain year-over-year. Along with strong gains in physical format sales, streaming revenue jumped 25% year-on-year to ¥38,443 million ($348.7 […]

The post Streaming Has Already Generated $1 Billion for Sony Music This Year appeared first on Digital Music News.

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