Apps Rather Than Streaming Music May Be Responsible For Peak Itunes Analyst
We noted at the end of last year that iTunes music downloads appeared to be on the decline for the first time, a shift that was confirmed this month. The operating assumption has so far been that music streaming services are taking over, and that a growing number of consumers are now content to simply have on-demand access to music, rather than to own it. Asymco’s Horace Dediu, an analyst who often has interesting things to say, has suggested an alternative explanation: that we’re actually listening to less music … His argument is that we all have limited time, and the more time we spend using apps, the less time we have available for other activities, like listening to music....