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Music sales in US remain steady, but lucrative CD sales decline

Streaming now makes up 34.3% of business, but deep worries persist about the model

PLATFORMS OF CHOICE: American singer Beyonce at an event last year in New York where Jay Z (second from right) announced plans for Tidal. Paid subscriptions in 2015 generated US$1.2 billion in sales. After adding in free streaming platforms and Internet radio, the total for streaming is US$2.4 billion.

New York

THERE is plenty of good news in the music industry's latest sales report released this week. Streaming is up. Vinyl has continued its unlikely renaissance. And did we mention that streaming is up?

But a closer look shows that the big sales numbers that have sustained the...

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