The Impact of Media Streaming and Downloading
There’s no doubt that audio and video streaming has increased significantly within the past few years. Globally, the recorded music market alone grew by 6 percent in 2016, according to IFPI’s Global Music Report. Much of this growth can be attributed to streaming, which saw a 60 percent increase in revenue, and now accounts for more than half of the revenue streams within the recording industry. According to Nielsen, music consumption levels are at an all-time high and have b