In the first half of 2019, the U.S. recorded music business grew 18% to $5.4 billion at retail
, according to the Recording Industry Association of America's mid-year report published Thursday .
As well, physical product net revenues actually increased over the first half of the year, bucking recent trends to grow 5% to $485 million -- accounting for 9% of the industry total for the period. That growth was, however, a result of the reduction in physical product returns and on a gross basis the revenues would have been down over the period.
Breaking down streaming revenues, paid subscriptions on services such as Spotify and Apple Music grew 31% year-over-year, boosting subscriptions revenue to $3.3 billion -- 62% of the overall industry revenues in the first half of the year.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
RIAA’s Posts 2019 Mid-Year Report: Revenues up 18%, Streaming SoarsRevenues are up 18% to $5.4 billion and streaming accounts for 80% of that revenue, according to the Recording Industry Association of America’s mid-year report released today. Paid streaming servi…
Consulte Mais informação »
18 Students' First Day Of School Tweets That Are Way Too Relatable'First day of school' you tweet as you roll over in bed and skip your first class.
Consulte Mais informação »
Nearly 18 years after 9/11, the federal air marshals program is in crisisThe U.S. Federal Air Marshal Service program has reached what critics describe as an acute crisis point marked by a recent rash of suicides, psychotic episodes, a murder-suicide, a bomb plot, devastating health problems and a pervasive sense of dread and depression among the ranks of the most...
Consulte Mais informação »
Kaia Gerber Says She Doesn't 'Have the Energy to Flirt' at 18Sorry, guys--Kaia Gerber is booked, busy and doesn't have the energy to flirt rn.
Consulte Mais informação »
Kaia Gerber Turns 18 With a Stellar Street Style MomentOn her 18th birthday, Kaia Gerber showed off a new, grown-up approach to off-duty style.
Consulte Mais informação »