Where music streaming is headed

This section from The Bandcamp 2017 Year in Review really got me thinking:

Meanwhile, standalone music streaming companies continued to lose money in 2017, and industry-wide record sales continued to decline: in the U.S., digital album sales dropped 20%, tracks were down 23%, and physical sales fell 20%. The seemingly inevitable upshot of these two trends is that the majority of music consumption will eventually take place within the subscription rental services of two or three enormous corporations, who can afford to lose money on music because it attracts customers to the parts of their businesses that are profitable.

This why I always check Bandcamp first to see if an artist is on there, before I check anywhere else. I have to believe that the era of music ownership is not over. It’s the only way we can ensure that good music keeps happening.

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