The RIAA is pissed that vinyls earned more revenue than ad-supported streams in 2015
Mar23
on March 23, 2016
at 8:01 am
Posted In: 2015, Around the Web, Insider, Music, Revenues, riaa, spotify, streaming music, youtube, YouTube Music, YouTube Red
The Recording Industry Association of America (RIAA) has published its report (PDF) on the US music industry’s earnings from 2015. While there are positive figures in there like an overall growth in revenues by 0.9 percent to $7 billion, the agency is not happy about the dismal amounts brought in by streaming services. Streaming is now the most popular way for people in America to get their music. Revenues rose from 27 percent in 2014 to 34 percent last year, rocketing past digital downloads to generate $2.4 billion in 2015. However, while consumption of music is on the rise, the…
This story continues at The Next Web