iTunes is over! U.S. Music Industry Sees Growth Thanks to Streaming

[junolxf 8,654]

Streaming overtakes sales for the first time as the leading driver of revenue for the U.S. recorded music business.

It looks like happy days are here again: 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.

This is the first time since 1998 that the U.S. industry has experienced a double digit increase in overall revenue. Back then, the industry enjoyed revenue of $13.7 billion.

It looks like streaming isn't killing the music industry after all. 

More:

http://www.billboard.com/articles/business/7744268/riaa-us-music-industry-2016-revenue-double-digit-growth?utm_source=twitter 

[911 16,206]

[Gypsy Life 118,907]

1 minute ago, junolxf said:

 

It looks like streaming isn't killing the music industry after all. 

It's killing it in quality 

[viniferrett 16,683]

miss Gaga is in trouble 

 

 

[Killa 14,406]

1998 hmm then we'll have a new britney spers in 2018/2019. im not ready

[Morphine Prince 96,088]

Streaming is the future. This has been clear for a while. 

You can either choose to be a Taylor Swift or a Drake in the industry. 

[The Fame Joanne 5,985]

Gaga is over 

[MaryJaneHolland 77,348]

so is gaga, with this kind of news 

i really hopes she becomes more successful at streaming

[ArtGagaPop 61,940]

"It looks like streaming isn't killing the music industry after all." 
Well it is since it's killing gaga's succes and gaga is the music industry 

[Stvrboy 1,104]

Poor gagz

[DeanWinchester 41,390]

You better do something Gaga. Your artistic integrity doesn't meant that much if you can't reach so many people to influence and inspire. One song. ONE hit song won't hurt your integrity.

[juju 18,907]

Stream _ on Spotify is the new Buy _ on iTunes  

[Neight Shayde 7,925]

1 minute ago, DeanWinchester said:

You better do something Gaga. Your artistic integrity doesn't meant that much if you can't reach so many people to influence and inspire. One song. ONE hit song won't hurt your integrity.

isn't it a bit too late though?

[ArtGagaPop 61,940]

Just now, DeanWinchester said:

You better do something Gaga. Your artistic integrity doesn't meant that much if you can't reach so many people to influence and inspire. One song. ONE hit song won't hurt your integrity.

MR would been a streaming hit if it only made it to TTH, that is ONE playlist how hard can it be interscope 

[PeterPan 0]

1 minute ago, jujubae said:

Stream _ on Spotify is the new Buy _ on iTunes  

I do stream daily