Facts & Research
ALL MUSIC FACTS2024 | Sales & Revenue
2016 Mid-Year RIAA Shipment and Revenue Statistics | RIAA
For the first half of 2016, strong growth in revenues from subscription streaming services more than offset declines in unit based sales of physical and digital music download products. Overall revenues at retail increased 8.1% on a year-over-year basis to $3.4 billion, the strongest industry growth since the late 1990’s. At wholesale, value increased 5.7% to $2.4 billion.
Source: Recording Industry Association of America
Related Research
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Revenues for Latin music in the U.S. grew 37% to $407 million in the first half of 2021 (1H 2021), continuing their recovery. Latin music’s growth outpaced that of overall U.S. music