Statistics Archives

Paid subscriptions drive US streaming growth

14/09/2021

Paid subscriptions drive US streaming growth, up 27% in the first half of 2021 versus the prior year, from $5.6 to $7.1 billion at retail value. Figures released by the RIAA show that paid subscriptions continued to be the strongest contributor to growth, comprising nearly two-thirds of total revenue, and more than 80 million paid subscriptions for the first time. At wholesale value revenues rose 25%, from $3.7 billion in 1H 2020 to $4.6 billion […]

Italian record industry grows 34% in the first half of 2021

08/09/2021

Italian record industry grows 34% in the first half of 2021 with streaming subscriptions growing by 41% in the same period. According to Deloitte data commissioned by FIMI, the Italian recording industry association, streaming subscription growth continues a trend that began in 2020 with a strong general shift of consumers towards subscription services. After a complex 2020 in terms of access to retail outlets and distribution caused by the pandemic, the physical segment has also […]

SOURCE: RIAA - US music industry streaming revenues

US music revenues grew 9.2% in 2020

27/02/2021

US music revenues grew 9.2% in 2020 to $12.2 Bn making it the fifth consecutive year of growth for the industry despite the pandemic according to the RIAA. Paid subscription services continued to be the primary driver of revenue increases, and reached a record number of subscriptions. Streaming music’s share of total revenues grew to 83%. Covid-19 affected the industry significantly through tour cancellations, retail store closures, and other disruptions. Revenues from recorded music measured […]