Category: Music

March 15, 2019 0 By Virgilian

Streaming Made Up 75% of Music Industry Revenue in 2018

The Recording Industry Association of America (RIAA) has released its annual year-end music industry revenue report. Revenues from recorded music in the retail sector reached $9.8 billion in 2018, which marks a 12% increase from 2017. Last year marked the third consecutive year of double-digit growth driven primarily by increased revenues from paid streaming subscription…