The RIAA reports that streaming music made up 75% of music industry revenue for 2018, while physical media sales continue to decline.
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Tag: streaming audio
Streaming made up 75% of US music industry revenue for the first half of 2018
The RIAA reports that streaming continues to grow in prominence, making up three-fourths of US music industry revenue for the first half of 2018.
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Google announces YouTube Music changes; Google Play Music to stay (for now)
Google’s announced a set of revamps to its online music services. Will YouTube Music prove any more successful than Google Play Music?
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Streaming made up two-thirds of US music revenue in 2017
Streaming’s now the undisputed champ in the United States, as the RIAA reports that two-thirds of US music revenue in 2017 came from streaming.
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What’s the future of compact discs?
Compact disc sales are at their lowest point since 1987, according to latest figures. The long-term future of the once-ubiquitous music format looks dim.
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R&B and hip-hop are now the most popular overall music genres
According to a Nielsen study, as of the first half of 2017, R&B and hip-hop are now the most popular music genres, displacing rock.
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Is the MP3 really dead? (The answer’s “no.”)
The Fraunhofer Institute recently ended collecting license fees on the MP3 format, declaring the format “dead.” But is it really at its end?
Read more Streaming music is now the majority of US music industry revenue
Streaming music now makes up a majority of all US music industry revenues. Still, revenue’s below the industry’s late 90’s high point in sales.
Read more R&B, hip-hop most popular streaming music genres
A Nielsen study confirms that streaming music eclipsed digital music sales in 2016. Meanwhile, R&B and hip-hop were the dominant streaming genres.
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Amazon debuts its stand-alone music streaming service
Amazon has debuted its own streaming music service, Amazon Music Unlimited, to compete with Spotify and Apple Music. But will the features and pricing be enough of a draw for customers?
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