Updated: Jun 30, 2020
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People Have Started To Turn To Music Streaming Services
In the past, people buy physical music like CDs or cassette tapes to listen to their favourite music artists. However, as time passes by, physical music sales have gradually fallen with many people turning to other sources for music that are much more convenient. With the ongoing coronavirus pandemic, physical music sales have even dropped to their lowest in 60 years, according to NME.
In turn, people have started to stream music for their music needs. Streaming music has become so popular that revenue in the Music Streaming segment amounts to U