8% Is Statistically Significant

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Spotify Logo (Photo credit: Wikipedia)

The movie people should take a look at this.

The Spotify Effect Shows Up: Streaming Music Boosts Warner’s Bottom Line
$54 million, or about 8 percent of Warner’s total revenue for the period. .... streaming revenue is growing quickly, but doesn’t seem to be cutting into traditional digital sales from outlets like iTunes .... the increase in digital sales was bigger than the decrease in physical sales ... YouTube.. a significant income source for some corners of the business

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