Facts & Research

The U.S. recorded music industry continues to experience important changes in its revenue composition. Full-year 2014 U.S. recorded music industry wholesale revenues were up 2.0% to $4.86 billion, the fourth year in a row of growth at wholesale value.

Stronger overall sales in the second half of 2014 largely erased the revenue declines that were seen at midyear. Revenues at estimated retail value were down slightly (-0.5%) to $6.97 billion, marking the fifth straight year of relatively flat retail revenues.

Source: Recording Industry Association of America