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Taylor Swift (Acquired’s Version)
Acquired
Streaming Is Going to Be the Cash Cow of the Industry
At the peak in 19 99, an average c d buyer spent about forty five dollars per year on cds. To day, that average spend per customer has gone up to 84 dollars. People of all ages are paying for streaming every month. The industry is just going to have to make it up on volume. But because streaming pays out so much less, we're just going to need a lot more streams.
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