Remember iTunes? You’re still part of a big music market
The article discusses the ongoing relevance of the iTunes music platform, despite the rise of streaming services like Apple Music. Record labels continue to prioritize iTunes buyers because they represent a significant portion of the music market that is not on streaming platforms. A single album download on iTunes can hold more value than thousands of streams, making it an important revenue source for the industry. The article suggests that as a result, record labels are likely to continue offering exclusives and special variants of albums during their release week, catering to the iTunes audience. This indicates that even though streaming has become the dominant mode of music consumption, the traditional download market on platforms like iTunes remains an important part of the overall music industry landscape.
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