Streaming now accounts for 80% of music revenue in US
Streaming now accounts for 80% of music revenue in US growing 19.9% to $8.8 Bn in 2019 according to the RIAA’s 2019 year end report. Revenues from recorded music in the US grew 13% in 2019 from $9.8 billion to $11.1 billion representing the fourth year in a row of double digit growth. Growth was fuelled by paid subscription services which reached more than 60 million. Paid subscriptions to on-demand streaming services contributed by far […]