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As this chart shows, the "hockey stick" growth year for interactive streaming was 2016, when revenues more than doubled over 2015. The growth rate has been declining for the past two years ...
Music streaming appears to be spurring a long-awaited comeback for the music industry. The industry saw its total sales plummet from a high of $40 billion in 1999 to $14.5 billion in 2014 ...
Streaming now accounts for 34.3% of all recorded music revenues in the U.S., while digital downloads are responsible for 34%, physical revenues are at 28.8%, and syncs are collectively at only 2.9%.
This chart shows U.S. music industry revenue since 1978 by format. IBT/Statista Over the past few years, streaming services such as Spotify and Apple Music have revolutionized the way we listen to ...
Music industry revenue hits all-time high The music industry brought in $8.4 billion in the first half of the year, with streaming making up 84 percent of the pie. And physical media sales hit the ...
The new charts reflect the shift in music industry revenue. Even established performers like Rihanna, whose latest album, “Rated R,” broke into the top five on the Billboard 200 in 2009 ...
Since the low point for the music industry of $13 billion in 2014, global recorded revenue has more than doubled to over $28 billion in 2023," the company said in a statement, citing IFPI data ...
Music streaming services accounted for the majority of all music revenues in the U.S. in 2016 for the first time ever, according to recent data released by the Recording Industry Association of ...
Newly released data from digital music service Spotify's Music Economics Report highlights trends in the economics of music streaming, with 2024 marking a two-decade pinnacle for ad-supported, on ...