Powerhouse growth of streaming revenue in 2014; music sales in double-digit slide (RIAA)

The RIAA released sales and revenue numbers for the first half of 2014. At the top line, a decrease of 4.9% in overall revenue. Streaming posted 28% growth during the half-year — those services supplied 27% of total industry revenue during the front half of the year, drawing close to the 28% share represented by physical music sales. Click through for more. Continue Reading

Amazon’s head of digital music and video departing the company

Amazon’s head of digital music and video has departed the company. Bill Carr has spent 15 years with the online retailer, and was at the helm when the company entered the markets for both online music and streaming video. He was responsible for launching Amazon’s streaming music service for customers with Prime memberships. Continue Reading