Facts & Research

For the first half of 2015, strong growth in revenues from streaming services offset declines in digital downloads and overall wholesale revenues increased 0.8% to $2.3 billion on a year-over-year basis. At retail, the overall value decreased 0.5% to $3.2 billion.

Because of Latin music’s importance to the American recorded music industry, RIAA now lists comprehensive shipment data from the Latin sector.

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.

The global recording industry is passing through a new transition in the fast-evolving digital marketplace. The key features of this evolution, driven by consumers, are the rapid growth of music streaming; a marked diversity of revenue streams and trends from one country to another and a continued evolution from traditional models of music ownership to the new fast-growing model of music access.