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RIAA: Streaming 75% of music industry

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eaucitronnée

Revenues from streaming grew 30% to 7.4bil USD

Streaming accounts for 75% of the US music industry, digital sales 11%, physicals 12%, synchronisation 3%

There are now 50.2mil streaming subscriptions in the US, up 42%

Digital albums dropped 25% to 500mil USD, digital songs down 28% to 490mil USD

CD fell 34% to 698mil USD, vinyl up 8% to 419mil USD

 

http://www.riaa.com/wp-content/uploads/2019/02/RIAA-2018-Year-End-Music-Industry-Revenue-Report.pdf

 

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shookgrande
20 minutes ago, eaucitronnée said:

Streaming accounts for 75% of the US music industry

period

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DuffLavigne
Quote

Streaming accounts for 75% of the US music industry

Tragic

 

Quote

vinyl up 8% to 419mil USD

Slay!

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Ribs
26 minutes ago, eaucitronnée said:

digital sales 11%, physicals 12%

 

27 minutes ago, eaucitronnée said:

Streaming accounts for 75% of the US music industry

But free streams ?

Ari won.

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eaucitronnée
10 minutes ago, Cain said:

Omg physical more than digital. :lmao:

kind of poetic how physicals are about to outlast digital sales LOL

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ordinarynam

Streaming is a different way digitally consuming music, and a more efficient and economical way too. 

 

People would still want to buy physical copies because, they're physical and real in their hands, that's much better than using the same money to download a zip file from iTunes. Vinyls will come back and stay here for forever tbh

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Brando

I think the biggest irony is that Vinyl sales are about to surpass CD sales revenue :deadbanana2:

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gayzayn
9 minutes ago, Brando said:

I think the biggest irony is that Vinyl sales are about to surpass CD sales revenue :deadbanana2:

and physical outlasting digital :psyduck:

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Adonis

RIAA

 

The RIAA reports that 75% of the music industry’s total revenue was indebted to subscriptions to streaming services last year. In 2018, streaming services such as Spotify, Apple Music, Tidal, Amazon Music, and others reached more than 50 million subscriptions in the United States for the first time. Additionally, vinyl sales saw an increase of 8% from 2017, reaching the format’s highest revenue level since 1988. CD sales dropped 34%. View the full report.

 

Why? :mandown:

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Pollyjean

Because people don't value the hard work of musicians. They are taken for granted and don't want to pay for the hours of sweat and creativity that musicians are putting in. 

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skankle

b-b-but free streams!!!!!!!1!!! pure sales!!!!!

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Leon
Just now, Adonis said:

RIAA

 

 

 

 

Why? :mandown:

Ok here we go again

 

 

This is NOT saying an individual artist makes 75% of their money from streams.

 

This is saying that as a collective, more revenue was made from streaming.

 

The bigger and more known an artist is, this % drops. Someone like Beyonce, Gaga, even Ari have made more $$ from pure sales than streams.

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Rowan

What is the point of still buying music? I’ve been steaming music since like 2011 and have never looked back. Even my 40 year old parents use Spotify now.

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lipes
3 minutes ago, Leon said:

Ok here we go again

 

 

This is NOT saying an individual artist makes 75% of their money from streams.

 

This is saying that as a collective, more revenue was made from streaming.

 

The bigger and more known an artist is, this % drops. Someone like Beyonce, Gaga, even Ari have made more $$ from pure sales than streams.

there's no way Ariana have made more money with pure sales than streams :rip:

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Illuminati

The vinyls taking over CDs AND digital sales is the real gag

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Leon
5 minutes ago, lipes said:

there's no way Ariana have made more money with pure sales than streams :rip:

Do the math, $.0088 per stream :ahh:

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lipes
3 minutes ago, Leon said:

Do the math, $.0088 per stream :ahh:

She did 70 million streams on the first DAY, only counting Spotify, that would be $616.000,00 only on the first day then (only counting Spotify, worldwide). that's a lot.

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Gui Blackout

And yall stil going on about pure sales and itunes posistions :rip:

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judaskills

This trend is really sad. I still love buying CD's. There's something about going to a store to get a new CD and owning a piece of an artist's work. 

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eaucitronnée
20 hours ago, Gui Blackout said:

And yall stil going on about pure sales and itunes posistions :rip:

atrl only talks about them because they still have a part in the hot 100, albeit it's very reduced compared to only about two years ago now. :michael:

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Jude

Glad my faves are streaming juggernauts. :clap3:

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Popboi.

VINYL COMING TO OVERTAKE DIGITAL YASSS :bibliahh:

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