Category: Streaming

April 24, 2019 Off By Virgilian

Streaming music is going to officially take over the world this year – CNET

Spotify is the world’s biggest streaming music service by users.  CNET Sometime this year, streaming music should achieve actual world domination. Streaming music, especially paid subscriptions, last year once again fueled the recording industry’s global growth, lifting worldwide revenue 9.7 percent to $19.1 billion in 2018, according to the music industry’s worldwide trade group Tuesday. That’s…

March 15, 2019 Off 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…