More wins for artists


Emailed on September 6th, 2019 in The Friday Forward

According to the Recording Industry Association of America’s mid-year report revenues are up 18% to $5.4 billion and streaming accounts for 80% of that revenue.

The trends continue the double-digit growth the industry has seen since 2016. 

RIAA president and CEO Mitch Glazier explained in the report: "It’s a reminder of what we can accomplish when the whole music community — and our music service partners — work together."

Related: Ending a summer of speculation, singer Taylor Swift confirmed recently that she's planning to re-record her existing catalog in order to regain artistic and financial control of her material after her former record label sold it in a reported $300 million deal.

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Sean Steigerwald