Music streaming is getting bigger and bigger, but artist revenue isn't keeping up
 

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
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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...


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