RIAA Music Revenue Statistics 2021: 27% recorded music growth on U.S. market
New data from the RIAA mid-year 2021 music industry revenue statistics showed that the U.S recorded music industry revenues grew 27% compared to 2020. The report from the Recording Industry Association of America (RIAA) indicates that listeners value and engage with recorded music: Revenues rose from $5.6 to $7.1 billion at retail value. Streaming accounted for 84% of the revenues generated in
United States recorded music revenue growth by 9.2% to $12.2 billion in 2020
With live music plummeting to almost none existent levels in 2020 due to the Covid-19 pandemic, your first thought would be that the music industry as a whole would have suffered, however that may not be the case. In a brand new report released by the RIAA (Recording Industry Association of America), The United States recorded music revenues grew 9.2% in