Streaming brought in 3X more money than CDs in Australia this year

ARIA’s most recent report confirms what many of us clinging to stacks of cracked jewel cases cannot bear ourselves to accept: that streaming is how people absorb music these days. But what about the liner notes?!

During the first six months of 2017, streaming brought in revenue of $96.9 million in Australia, which is up 57% from the same period the previous year – an impressive leap .

Meanwhile, your old shiny discs only brought in $32.9 million, down 13%.

Of course, these figures don’t include the hundreds of thousands of $2 CDs bought in bargain bins and op shops around the country, so maybe things aren’t moving quite so quickly, right? Right!?

This article originally appeared on The Industry Observer, which is now part of The Music Network.