400B+ On-Demand Streams Speaks for Itself as Vinyl Keeps Momentum for 12th Year
Music Business Association President James Donio released the following statement regarding the release on Friday, July 6 of Nielsen Music’s Mid-Year Report:
“As we reach the half-way point of 2018, streaming continues to flex its muscles as it keeps powering the music business to renewed strength and vitality, with overall album equivalent consumption rising by 18%. The striking impact of a record-breaking 400 billion+ on-demand streams speaks for itself. But it’s also impressive to see vinyl LP sales keeping up the increasing YOY momentum for a twelfth year in a row.”
Read more about mid-year stats by clicking on the links below:
Post Malone, Ed Sheeran & Drake Dominate Nielsen Music’s Mid-Year 2018 Charts
Drake, Post Malone Rule Nielsen Music Mid-Year Charts; Album Consumption Up 18%
On-demand streaming now accounts for the majority of audio consumption, says Nielsen
Nielsen mid-year report finds streaming still on the rise with on-demand growth
