Riaa Streaming Music Revenue Continues To Grow Digital Downloads Hit Lowest Point Since 2006
The Recording Industry Association of America is out with its full annual study focusing on the music industry’s revenue during 2019. According to the data, streaming music revenue continues to grow, increasing by 25% in 2019. Recorded music revenues hit a total of $11.1 billion in 2019. The RIAA says that paid streaming music services, such as Apple Music and Spotify, accounted for $6.8 billion in revenue during 2019, which is up 25% year-over-year....