Today’s Chart of the Day comes from Statista, a provider of market and consumer data. The chart shows that streaming music, purple, has taken over the music industry. I know for a fact my teenage children have never purchased a physical copy of any music in their lives. What's interesting, if you look really closely at the lower right hand corner, is that vinyl, green, is making a comeback. Don’t throw away your record players just yet!
Original data for this chart provided by the Recording Industry Association of America®.
About the Author
Samuel A. Kiburz
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.