The model has changed from transactional—purchasing a CD, purchasing an album, vinyl, or even a download—to a one-size-fits-all monthly fee that allows you to consume as much music as possible. We're now dealing with going from a lump-sum fee for one particular unit—a song or album—to micropayments for multiples, so the opportunity, the revenue, has decreased exponentially.
On October 4th, 2018. See this statement in context.