Music is Booming, But Spotify Isn’t the Winner - News Summed Up

Music is Booming, But Spotify Isn’t the Winner


From the invention of the phonograph in 1877 to the boom in streaming services today, the music industry has had to constantly adapt to emerging technology. In this video, we explore whether music can continue to reinvent itself to survive. Photo: Liliana Llamas/WSJThe music industry is sending off great vibes, thanks in large part to Spotify. A year after the streaming leader went public, however, the real party still isn’t open to stock investors. Streaming drove the tempo, with growth of 34%, while compact-disc sales slowed it down.


Source: Wall Street Journal April 03, 2019 14:07 UTC



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