The Traderszone Network

Published in TZ Latest News 5 April, 2017 by The TZ Newswire Staff

Music Streaming Platforms Now Bring in the Most Revenue for the Recording Industry

Music streaming services accounted for the majority of all music revenues in the U.S. in 2016 for the first time ever, according to recent data released by the Recording Industry Association of America (RIAA). A report published by the RIAA said that estimated retail revenue from recorded music in the U.S. grew by 11.4% in 2016 to $7.7 billion, and streaming music accounted for 51% of that revenue.

read more