Quantcast
RIAA: SUBS POWERED REVENUE IN H1 2018

Streaming is the dominant driver in the RIAA’s just-released mid-year report on the U.S. music business, accounting for a stunning 75% of the revenue pie for the first half of 2018, compared to 62% during the first half of 2017.

Along with the massive shift toward streaming in recent years, paid subscriptions in particular have skyrocketed. The H1 subscription revenue of $2.55 billion is nearly seven times that of ad-supported on-demand revenue—including video streaming—of $369m, with year-over-year growth of 33%.

The successes for streaming helped spur 10% overall growth in revenue over the first half of 2017. The total recorded music market generated revenue of $4.6 billion during the period.

The H1 results project to full-year revenue of $9.2b. That’s a lot of dough, but as the RIAA points out, overall market revenues are still significantly below the levels they were in 1999.

The full report can be seen in PDF form here.

2020 MIDYEAR MARKETSHARE SCORECARD
The competition is fierce. (7/7a)
POP SMOKE SET
FOR BIG DEBUT (UPDATE)
A "Moon" shot. (7/6a)
U.K. GOVT. OKS £1.57B ARTS RESCUE PACKAGE 
Fingers crossed for indie venues to return. (7/6a)
BLACK MUSIC MONTH:
LADIES FIRST
Latifah, Lauryn, Missy, Lil Kim, more. (7/7a)
JUICE WRLD'S LEGENDS NEVER DIE DUE FRIDAY
Juiced with a big D2C initiative. (7/7a)
THE 2021 CONCERT RUSH
Would you like some Swiss cheese with your nachos?
ALEXANDER HAMILTON
Oh, sorry--we were just singing to ourselves.
MARY TRUMP
Family is everything.
K-POP STANS
Are they coming for Kanye? Yes.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)