With growth of 9.3% year-over-year, RIAA’s mid-year report demonstrates the power and vitality of the U.S. music business.
, reflecting 9.3% growth over the first half of 2022 — the ninth straight year of positive growth.
In fact, paid subscription services were responsible for nearly two-thirds of total revenues and more than three-quarters of streaming revenues. And they continued to grow at an even faster rate than ad-supported revenues. And digital and customized radio music revenues, which include SoundExchange distributions for revenues from services like SiriusXM and internet radio stations, grew 16% to $657 million for the period.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A year after Great Salt Lake’s record low, half the lake is left for deadA colossal water year has only bought Utah two more years to keep the lake from hitting yet another record low.
Read more »
Two New Movies Find Poetry in the Worst Form of Recorded MusicOne man’s trash can be another man’s treasure, even when the sound quality is garbage.
Read more »
N.C. State, Armstrong rebound strong in 45-7 win over outmatched VMIBrennan Armstrong piled up 303 yards of total offense as North Carolina State routed VMI 45-7. Armstrong led N.C.
Read more »
Isolated Strong to Severe ThunderstormsSunday GAME DAY!Trending dry for the start of the day into the early afternoon with partly cloudy skies. Pop up showers and thunderstorms inland in the afternoon, then turning severe this evening after 6 PM. Main threats could be gusty winds and heavy rainfall. Rainfall totals around Jacksonville could be up to an inch of rain!Monday: Drier and mostly sunny skies with temperatures around normal for this time of year in the upper 80s to 90s.Beaches: Moderate to high rip current risk continues in across our local beaches. TROPICS:Tropical Storm Nigel developed yesterday evening with current max sustained winds of 50 MPH. Forecast to strengthen into a major category 3 hurricane by Tuesday afternoon with max sustained winds peaking at 115 MPH. No threat to land as it is forecast to head into the central Atlantic.
Read more »
1 dead in Maine after Lee brought strong winds, heavy rain to parts of New EnglandA man died in the coastal town of Seaport on Saturday, after a tree limb fell onto his car and brought power lines down with it.
Read more »