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Spotify overtakes iTunes in Europe

kobalt.itunes.spotify

Spotify’s streaming service continues to gain an edge over downloads, specifically via iTunes.

Kobalt, a company that helps collect music royalties on behalf of thousands of artists, says that in the last quarter, royalties from Spotify streams were 13% higher on average than revenues from Apple’s iTunes in Europe.

The numbers support findings reported in the WSJ last month noting that iTunes music sales are down about 13% this year.



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