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Facts & Research


May 2024 | Sales & Revenue

2022 Mid-Year Music Industry Revenue Report | RIAA

U.S. recorded music revenues in the first half of 2022 rose 9% to $7.7 billion at estimated retail value, building on the strong growth experienced the prior year. The number of paid subscriptions grew to a record high of 90 million, with revenues up 10% to $5.0 billion and comprising almost two-thirds of the first half total. At wholesale value, revenues grew 8% to $4.9 billion. 

Full report can be found here.