Streaming Becomes Top Source of US Recorded Music Revenues in 2015

March 28, 2016

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Media & Entertainment

RIAA-US-Music-Indus-Revenues-2015-Mar2016Source: Recording Industry Association of America (RIAA) [pdf]

    Notes: Some 34.3% of US recorded music revenues came from streaming services in 2015, reports the RIAA, up from 27% in 2014 and overtaking digital downloads (34% share) for the first time. Physical sales, meanwhile, comprised 29% of revenues, as CDs (the largest component of physical sales) saw a 17% decline in the dollar value of shipments.

    Overall recorded music revenue growth came in at 0.9% for the year (to $7 billion), driven by a 29% increase in streaming revenues to $2.4 billion. The number of paid streaming subscriptions increased by more than 40% to 10.8 million for the year.

      Related: US Music Industry Sales Trends in 2015

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