Wednesday, September 18, 2019

Streaming Takes The Lead

On September 6th 2019, the Recording Industry Association of America (RIAA), announced that the steaming of recorded music now makes up for 80% of it yearly revenue. They go on to report that vinyl and CDS have actually improved in sales, with vinyl rising by 5% and CDs rising by13%. The RIAA goes on to report that the recording industry took in $5.4 billion through the first six months on 2019, with $4.3 billion of that being derived from streaming. Streaming officially took over as the number one delivery system in 2015.

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