Mitch Glazier is new chairman and CEO for the RIAA
The RIAA announced two big changes to its executive leadership. Mitch Glazier is now the chairman and CEO of the trade group, and Michele Ballantyne assumes the post of COO. Continue Reading
RIAA
RIAA H1 Latin music report sees near-total dominance of streaming
The RIAA has released its half-year report on the Latin music market in the U.S., and the analysis echoes the same trends as the group’s H1 assessment of the overall music industry. Revenue from Latin music grew 15% on-year to $135 million. Continue Reading
RIAA H1 report: 46 million subscribers generated streaming revenue of $2.5 billion
Yesterday, the RIAA mid-year report arrived with a few big bullet points, including a 75% share of the U.S. music industry revenue for streaming. Today, we offer a more granular look at where that growth occurred, and where the sector continues to struggle. Continue Reading
RIAA H1 2018 report at a glance: Streaming is 75% of U.S. music biz
The RIAA has released its mid-year report on the U.S. music industry, and the report continues to trace a stratospheric rise for the streaming economy. Tomorrow RAIN News will publish our detailed analysis of the report, but here are the top-line takeaways. Continue Reading
Latin music streaming revenue reached a record high in 2017 RIAA report
The RIAA found that in 2017, U.S. revenue from Latin music increased 37% to $243 million. The genre holds a 2.8% share by value of the American music market. Streaming revenue grew 54% to $204 million, a record-high that secured an 84% share of the genre’s total results. Continue Reading
RIAA 2017: Streaming leaps to 65% share of U.S. music revenue, dominated by subscriptions
Streaming grabbed control of nearly two-thirds of music industry revenue in 2017. It’s another year of impressive financial results that proves the digital shift in listening still has not hit its peak. The annual report from the RIAA found that subscription streaming income helped drive the industry to another year of growth. It was the first time since 1999 that the sector saw two consecutive years of material growth. Continue Reading
RIAA U.S. sales database update precedes hotly anticipated 2017 report
The RIAA has updated and re-released its U.S. sales database. The interactive charts show the trends in music sales by revenue and by volume broken out by year. The statistics include different formats ranging from 8-tracks and cassettes to on-demand subscription streaming. Continue Reading
Streaming boosts Latin music to big H1 2017 revenue results
The RIAA released new data about the Latin music market, which supports the overall trends laid out in the organization’s half-year report. Revenue from Latin music in the first six months of 2017 totaled $115 million, up 44% from the year prior. Continue Reading
Stream ripping is back in the spotlight, drawing ire from RIAA and caution from EFF
Stream ripping has been one of the most persistent trends in potential copyright infringement, topping reports from the IFPI, Muso, and the Office of the U.S. Trade Representative. Websites that allow stream ripping were a focus in the RIAA’s letter to the U.S. Trade Representative with information for the Notorious Markets List. Continue Reading
RIAA H1 2017 report: Streaming revenue hits $2.5 billion
For some time now, the music industry has been tracking trends of increased revenue from streaming as income from physical formats and downloads wanes. The RIAA H1 2017 data shows that the first half of this year continued those trajectories. Streaming secured a 62% share of the first-half revenues and total streaming revenue for the period was $2.5 billion. Continue Reading
Quick Hits: Database debates; Carpool Karaoke; iHeart and General Motors; Spotify on Xbox
Brief news items and worthy reads from around the web: New chapters in the licensing database saga; Apple’s original programming begins with Carpool Karaoke; iHeartRadio’s latest in-car collaboration; Spotify Xbox app reportedly in the works. Continue Reading
Cary Sherman to exit after 40 years with RIAA
Cary Sherman will step down from his role as CEO and chairman of the RIAA at the end of 2018. Sherman has been with the industry group for more than four decades, beginning as an outside counsel and then climbing the ladder to the top post. Continue Reading