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Streaming Revenues Overtake Music Downloads for the First Time Ever

March 23, 2016 by Ted Leave a Comment

Overall Recording Industry Sales Grow for First Time Since 2011

RIAA logoThe Recording Industry Association of America (RIAA) reported overall industry sales data for  2015 this week, revealing that for the first time in history streaming music was the single largest component of industry sales. Revenues from streaming sources accounted for 34.3% of total revenues, beating out music downloads from services like iTunes and others which accounted for 34% of total revenues.

Overall sales increased 0.9% to $7 billion, the first overall industry growth since 2011.

See more on the growth of streaming in music industry sales… [Read more…] about Streaming Revenues Overtake Music Downloads for the First Time Ever

Filed Under: Associations, Financial, Industry Trends, News, Pivot Point, Statistics, Tech Trends Tagged With: downloads, music industry, physical media, RIAA, streaming

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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