RIAA revenue second look: Not record-breaking when adjusted for inflation

Earlier this week we reported the mid-year update from the Recording Industry Association of America (RIAA), which tabulates revenue for the U.S. recorded music industry. That report broke new ground with the highest dollar amount in the span of the RIAA’s public reporting period (1973-2023). But a different reality emerges when we consider relative dollar value. Click for an illustrated comparison. Continue Reading

Recorded music attains new revenue record; streaming grows from 75% to 84%

The recorded music industry reached an all-time high in total revenue for the first half of 2023 — $8.3-billion across all reported categories. Streaming accounted for $7.0-billion, 84% of the total. On average, there were 96-million music subscriptions in H1 2023. All this and more from the Recording Industry Association of America (RIAA) in its annual mid-year report. Continue Reading

Streaming now 85% of U.S. recorded music revenue: RIAA

Streaming has grown from 80% to 85% of all recorded music revenue in the U.S., according to the RIAA (Recording Industry Association of America) in its mid-year 2020 report. In dollars, the 85% of revenue for the six month period totals $4.8-billion. Other revenue categories have been withering on the vine for years, and now are nearing flatline. Physical sales were just 7% or revenue, and digital downloads were 6%. Click through for other details and a link to the downloadable report. Continue Reading