New Stories Every Second!

Welcome Guest!

Browse new Stories, Videos, Audios & such alike content from all over the world, every second.

Login to rapida to Save your Content Preference, to follow others or comment on Posts & To create Posts.

RP

  • Subscriber's feeds(coming-soon)

RIAA: Music Industry to Earn $10 Billion in 2019, First Time in Over A Decade

RIAA simply launched its Mid-12 months Music Trade Income Report for 2019 and it’s very promising.


Within the first half of 2019, whole revenues reportedly grew 18% to $5.four billion at retail. Meaning, for the primary time since 2007, the music business is on observe to herald $10 billion this 12 months.

Streaming accounted for a staggering 80% of business revenues within the first half of 2019. Based on RIAA, income will increase have been pushed by paid subscriptions, which exceeded 60 million for the primary time.

Mitch Glazier, Chairman and CEO, RIAA defined in a weblog put up:

This continued development lets file corporations do greater than ever to find, promote, and shield nice artists. Worldwide, labels now spend almost $6 billion a 12 months to seek out expertise, allow artists to file, lower by means of the noise, and be heard.

See the complete report right here.

 

Supply: RIAA / Medium | Photograph: ISTOCKPHOTO


#Share

Share on facebook
Share on twitter
Share on whatsapp
Share on reddit
Share on vk
Share on odnoklassniki

Didn’t find any awesome content on HomePage!! Don’t work we have some more options for you. ;)

Log In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%

Add to Collection

No Collections

Here you'll find all collections you've created before.

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on whatsapp
Share on email