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03-22-2016, 10:39 PM
Music streaming is getting bigger and bigger, but artist revenue isn't keeping up
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The Recording Industry Association of America has released its annual report on the state of the music industry — and, well, things could be worse.*
You want the good news first? Overall, the industry is up almost 1 percent (.9 percent at retail, .8 percent at wholesale). The MVP, of course, is streaming, which overtook digital downloads as the most profitable format with 29 percent growth amid a decline in both*digital and physical sales.*
Recording industry revenue (https://infogr.am/recording_industry_revenue)
Create your own infographics (https://infogr.am)
For the first time, streaming services — including **n-subscription services like YouTube and Vevo, streaming radio services like Pandora and SiriusXM and both paid subscriptions and ad-supported versions of services like Spotify, Tidal, and Apple Music —*generated more than $1 billion in revenue.* Read more... (http://mashable.com/2016/03/22/riaa-report-2016/)
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The Recording Industry Association of America has released its annual report on the state of the music industry — and, well, things could be worse.*
You want the good news first? Overall, the industry is up almost 1 percent (.9 percent at retail, .8 percent at wholesale). The MVP, of course, is streaming, which overtook digital downloads as the most profitable format with 29 percent growth amid a decline in both*digital and physical sales.*
Recording industry revenue (https://infogr.am/recording_industry_revenue)
Create your own infographics (https://infogr.am)
For the first time, streaming services — including **n-subscription services like YouTube and Vevo, streaming radio services like Pandora and SiriusXM and both paid subscriptions and ad-supported versions of services like Spotify, Tidal, and Apple Music —*generated more than $1 billion in revenue.* Read more... (http://mashable.com/2016/03/22/riaa-report-2016/)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Entertainment (http://mashable.com/entertainment/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Music Streaming (http://mashable.com/category/music-streaming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Music (http://mashable.com/music/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1458671238 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1458671238)http://feeds.feedburner.com/~r/Mashable/~4/MN0taEhMuwE