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Music Industry: Difference between revisions
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==== | ==== 1H 2023 ==== | ||
[[File:Screenshot 2024-01-23 131015.png|center|thumb|962x962px|https://www.riaa.com/wp-content/uploads/2023/09/RIAA-Mid-Year-2023-Revenue-Report.pdf]] | [[File:Screenshot 2024-01-23 131015.png|center|thumb|962x962px|https://www.riaa.com/wp-content/uploads/2023/09/RIAA-Mid-Year-2023-Revenue-Report.pdf]] | ||
In the first half of 2023, revenues from streaming services made up 84% of total recorded music revenues in the U.S., growing 10.3% to $7.0 billion. This includes formats such as paid subscription services, ad-supported services, digital and customized radio, and licenses for music on social media and digital fitness apps. It was the 4th year in a row that streaming made up between 83% and 84% of total revenues.<ref>https://www.riaa.com/wp-content/uploads/2023/09/RIAA-Mid-Year-2023-Revenue-Report.pdf</ref> | In the first half of 2023, revenues from streaming services made up 84% of total recorded music revenues in the U.S., growing 10.3% to $7.0 billion. This includes formats such as paid subscription services, ad-supported services, digital and customized radio, and licenses for music on social media and digital fitness apps. It was the 4th year in a row that streaming made up between 83% and 84% of total revenues.<ref>https://www.riaa.com/wp-content/uploads/2023/09/RIAA-Mid-Year-2023-Revenue-Report.pdf</ref> | ||
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|89% | |89% | ||
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==== 2022 Full Year ==== | |||
=== <big>Luminate Report</big> === | === <big>Luminate Report</big> === | ||