Friday, March 1, 2019

RIAA: US revenue for recorded music grew 12% in 2018 to $9.8B largely due to a 30% surge in streaming revenue; subscriptions to services like Spotify topped 50M (Jem Aswad/Variety)

Jem Aswad / Variety:
RIAA: US revenue for recorded music grew 12% in 2018 to $9.8B largely due to a 30% surge in streaming revenue; subscriptions to services like Spotify topped 50M  —  The U.S. music industry posted its third consecutive year of double-digit growth, according to the RIAA's year-end revenue report issued today.



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