Music Streaming Up 39 Percent From A Year Ago

“Consumers initiated 133.9 billion streams in the first quarter, up from 99.1 billion during the same period last year, continuing the growth of 39% overall in 2016 compared to 2015. Translated as album sales, using a formula that assigns one sale for every 1,500 song streams, the music industry also experienced continued growth, but at a more modest rate of 5.9%. Unit sales of track equivalent albums (TEA) and streaming equivalent albums (SEA) increased from 137.4 million last year to 145.5 million so far in 2017.”