The provided bar chart graphically presents the amount of money spent on different music forms in the years 2013 and 2014.
Overall, most ways of listening to music have decreased in popularity seeing as less money is spent on them after a year. Music streaming stands out, with the amount of money invested into it increasing within the one-year time period. It is also notable to mention that Synchronisation Royalties and Music Videos stay unpopular, with a very noticeable gap between the investment in those music forms as opposed to CD, Streaming, and Downloads.
The amount of money spent on Downloads has plummeted. It has fallen from 1541 (millions of dollars) to a still steady amount of 1300 in a year, as well as CD dropping from 885 million to 719. Along with these popular forms of music sits Streaming. Streaming has presented a different pattern, the amount of millions spent on it increasing from its starting point of 700 up to a whopping 860 million in 2014 overtaking CD.
Synchronization Royalties along with Music videos have not drastically dropped or increased the amount of money spent on them. Although they both do drop slightly, it’s not in noticeable amounts, with Synchronization Royalties decreasing by just 10 million dollars, whereas we can see a slightly more dramatic drop with Music videos going from 50 to just 10 million dollars spent.
