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Broadband

US music streaming revenues reach record high of USD 2.5 bln - study

Friday 29 September 2017 | 14:03 CET | News
Music sales in the US grew in the first half by 17 percent year-on-year to USD 4.0 billion, according to the latest data from Strategic Data Analysis RIAA. While sales were up, they were still significantly lower than in 1999, when digital formats took off. Music revenues were hoisted by streaming, which took 62 percent of the total market. Revenues from streaming platforms rose 48 percent to USD 2.5 billion, including sales from subscription services (such as paid versions of Spotify, TIDAL, and Apple Music), digital and customised radio services including those revenues distributed by

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Categories: Broadcast & Satellite / Internet
Companies: Amazon / Apple / Pandora / Spotify / Vevo / YouTube
Countries: United States
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