RUMOR MILL
Wednesday, March 23, 2016
VINYL EARNINGS EXPLODE IN THE DIGITAL AGE
According to a report by Digital Music News, vinyl earned more than all free streaming services combined in 2015 by a difference of $37.2m, trumping the likes of YouTube Music, VEVO, SoundCloud and the free tier of Spotify.
The ad-supported, on-demand services pulled in $385.1m in yearly revenue—a 30.6% jump from 2014's number—while the sales from LPs, EPs and singles brought in $422.3m (9.6% more). That also means that vinyl sales grew 32% since the previous year.
We may be living in a digital world, but it looks like physical is putting up a serious fight. That being said, when we look at paid streaming services, the tables turn, as paid streaming produced $1.22b in revenue.
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
