Tuesday, 21 July 2015

Streaming opens up more markets for developing artists

According to an article on techcrunch.com, a new study by EventBrite says that 51% of concert goers buy tickets to shows of artists they discovered through streaming. The repprt also says that while the average money spent per person on CDs and MP3s has fallen 48% from $35 in 2008 to $18 in 2014, spending on live music grew 65% from $29 to $48. The Report is based on independent research company MusicWatch’s nationwide survey of 1,000 people between the ages of 18-49 who attended at least one concert in the past year - althouhg 29% attended at least two shows a month.


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