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Streaming Music Surpasses Digital Downloads

Discussion in 'Article Discussion' started by Melody Bot, Mar 23, 2016.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

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    The RIAA has released their report on the state of the US music industry in 2015. Streaming is now the biggest revenue source.

    The U.S. recorded music industry continued its transition to more digital and more diverse revenue streams in 2015. Overall revenues in 2015 were up 0.9% to $7.0 billion at estimated retail value. The continued growth of revenues from streaming services offset declines in sales of digital downloads and physical product. And at wholesale value, the market was up 0.8% to $4.95 billion – the fifth consecutive year that the market has grown at wholesale value.

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