Weekly story

Music streaming up by a third in US as CD sales fall

Justin Timberlake was the biggest-selling artist of 2013 in the US, shifting 3.4 million albums

http://www.bbc.co.uk/news/entertainment-arts-25650359

Music streaming was increased because of websites like Spotify and Youtube. It was increased by 32% in the US in 2013. A music report states that 118 billion streams took place. This boost in sales came from the drop in the physical albums, They dropped to almost 14%, which digital sales kept on increasing. UK figures released by the Entertainment Retailers Association (ERA) last week showed that music streaming was up 33.7% and now accounts for nearly 10% of consumer revenues from recorded music. Justin Timberlake was the biggest selling artist of the year, shifting more than 3.4 million albums. His first album of 2013, the 20/20 Experience, sold almost one million copies in its first week alone, going on to sell a total of 2.4 million. Beyonce's self-titled album became the second-biggest digital album of the year and the eighth-biggest album overall, with just three weeks on sale before the end of the year.The report found that 13 albums had sold more than a million copies in 2013, up from 10 in 2012.However, just 172 million CDs and LPs were sold altogether in the US as increasing numbers turned to streaming sites to get their music - a drop of 13 per cent.

My opinion: 

Personally, i think that the reason why the sales of digital media is increasing is because the trends arew changing and the audience like themselves to be adapted with the new trends. The audience get access to music through websites because thats the new way of getting music. The audience doesn't buy albums now because they know they will only listen to it a few times, they know that if they pay online subscription then they will be able to get access to unlimited music albums. This is why things like Spotify and Deezer are so successful because the audience like getting their music from sources like them, as they get a load of varity. 

I think CD sales will completly be in decline soon because everyone will be getting their music from online sources. This is why i think the music industry needs to think of a way of stopping this from happening because once the sales are completly down then it will be very hard for them to survive. They will end up closing the whole business as the new digital world is taking over. I think digital music streaming will reach the sky, as it is so popular at the moment.