Wednesday, February 19, 2014

A Look At Today's Digital Music Consumer

Today's digital music consumer looks a lot like yesterday's digital music consumer, according to a recent report by industry pundit Mark Mulligan's MIDiA Consulting. The infographic below points out a number interesting issues:
  • Even after 10 years of paid digital music distribution, people still consume most of their music from radio and CD.
  • Already, more people consume music from streaming sources than downloads.
  • Music subscription is a force in the music business, but still only has 4% penetration.
The study goes on to show that 55% of digital music buyers and 45% of subscribers still purchase CDs monthly.

The study illustrates that the more things change, the more they stay the same. New technologies have made an impact on the music business and will always continue to do so, but the old technologies don't fade away as quickly as we might think.

Check out the entire report on the Music Industry Blog.

Digital Music Consumers image

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1 comment:

Glenn Galen said...

I think people buying CDs are probably getting better sound, since their stereos at home and in their car are higher fidelity than earbuds they might have with their phone.


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