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Facts & Research

ALL MUSIC FACTS
Did you know that record companies are the biggest investors in music, spending more than $4.5 billion on discovering and marketing in 2015?  Read on to learn about labels’ global investment in discovering, nurturing and promoting today’s most popular artists.
For the first half of 2016, strong growth in revenues from subscription streaming services more than offset declines in unit based sales of physical and digital music download products. Overall revenues at retail increased 8.1% on a year-over-year basis to $3.4 billion, the strongest industry growth since the late 1990’s.
The Music Consumer Profile serves as a resource for data about music consumers. These profiles provide data on a wide variety of music fans, including their ages, backgrounds, preferred listening method and favorite music genres.
Because of Latin music’s importance to the American recorded music industry, the RIAA now lists comprehensive shipment data from the Latin sector. These figures, which are incorporated into the overall U.S. market report, break out the amount of Latin product into the domestic marketplace.
RIAA’s 2015 year-end music sales & shipments report is now out with a unique and comprehensive look at the state of the U.S. music business.
The Music Consumer Profile serves as a resource for data about music consumers. These profiles provide data on a wide variety of music fans, including their ages, backgrounds, preferred listening method and favorite music genres.
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.
Major record labels are still focused on what we do best: finding great artists, helping them reach their creative potential, and connecting them to fans. The difference is that we’re embracing new digital tools to do a better job than ever before.
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.