chorus.fm: U.S. Music Industry Sees First Double Digit Growth in Almost 20 Years

chorus.fm
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U.S. Music Industry Sees First Double Digit Growth in Almost 20 Years Mar 31st 2017, 04:05, by Jason Tate
Billboard:

U.S. recorded music sales were up 11.4 percent in 2016. The industry brought in $7.65 billion in revenue, according to the RIAA, up from $6.87 million in 2015. Although the music business showed signs of a recovery at the half-year mark, the 2016 year-end results show more significant growth, led by streaming revenue.

Paid subscriptions are finally taking off in a real way.

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