On-Demand Streaming Now Accounts for the Majority of Audio Consumption

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Sarah Perez, writing for TechCrunch:

The report found that album sales, including both digital and physical, fell 17.7 percent last year to 169.15 million copies, down from 205.5 million in 2016. Meanwhile, streaming once again soared, leading the overall music industry to growth, largely due to the significant 58.7 percent increase in on-demand audio streams over last year.