0
Broadband

US streaming revenues pass USD 2 bln for first time - RIAA

Wednesday 23 March 2016 | 09:45 CET | News
The US recorded music industry reported overall revenues in 2015 up 0.9 percent to USD 7.0 billion (estimated retail value), with the continued growth from streaming services offsetting declines in sales of digital downloads and physical products, a study from RIAA revealed. At wholesale value, the market lifted 0.8 percent to USD 4.95 billion, the fifth consecutive year of growth. Revenues from digital downloads made up 34 percent of revenues, while streaming made up 34.3 percent and physical 28.8 percent.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Companies: Apple
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

US music streaming revenues up 30% to USD 7.4 bln in 2018

Published 01 Mar 2019 15:06 CET | United States
US music industry revenues grew 12 percent to USD 9.8 billion in 2018, up 12 percent year on year thanks to the ever-increasing ...

Streaming platforms account for two-thirds of US music revenue

Published 23 Mar 2018 13:50 CET | United States
US music industry revenues rose significantly for the second consecutive year to USD 8.7 billion in 2017, up 17 percent on the ...

Sprint, Tidal bring customers access to bachata performance

Published 13 Feb 2017 13:56 CET | United States
Tidal and Sprint give Sprint, Boost and Virgin Mobile customers an exclusive opportunity to see Romeo Santos, an artist also know ...

Streaming to grow to 95% of mobile music market by 2022

Published 30 Sep 2016 09:19 CET | World
Streaming services are set to increase their share of the total mobile music market from 76 percent in 2015 to 95 percent in ...

Drie miljoen abonnees voor Tidal

Published 30 Mar 2016 08:14 CET | World
De Amerikaanse streaming muziekdienst Tidal claimt drie miljoen betalende abonnees te hebben. Dat betekent dat er sinds zijn ...