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

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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

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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