Music Streaming Service Revenues Top $1B in H1, Exceed Physical Sales

September 23, 2015

This article is included in these additional categories:

Digital | Media & Entertainment

RIAA-US-Music-Indus-Revenues-H1-2015-Sept2015Source: Recording Industry Association of America (RIAA) [pdf]

    Notes: First-half revenues from music streaming services exceeded $1 billion for the first time, buoyed by 23% year-over-year growth, says the RIAA. In fact, revenues from digital streaming services accounted for one-third of all industry revenues, outpacing physical sales (24% share) by a sizable margin. There were 8.1 million US paid subscriptions during the first half of the year, with revenues from paid subscriptions alone almost equaling physical CD sales.

      Related: How Americans Spend on Music


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