You are viewing a single comment's thread from:
RE: TIL: STEEM-SITE for Musicians & The First Record-Label to use Bitshares for Company-Shares (HOT HOT NEWS)
Hey, @edje. Our music label covers all the traditional industry standards for music promotion, what makes us different is that we accept digital currencies for these services. And, the music industry is currently shifting to digital. Digital music sales have officially surpassed traditional music sales, with a growth rate of 51%. The music industry is currently in a state of growth, which up until 2012 was declining. It's currently growing by 5.4% CAGR.And, in regards to music applications, Soundcloud made 60 million last year in profit off of subscriptions alone, so I'm not sure where people are getting these music app revenue figures from.
Thanks for your comment.