RIAA Releases 2019 Mid-Year Music Industry Revenue Report

The Recording Industry Association of America (RIAA) just released a report that shows that in the first half of 2019, the U.S. recorded music market continued the overall trends and double digit growth rates of 2018. Revenue increases were driven by the number of paid subscriptions exceeding 60 million for the first time. Total revenues grew 18% to $5.4 billion at retail in the first half of 2019. At wholesale value, revenues rose 16% to $3.5 billion.

Click here to access the full RIAA report. You can also find a blog post from RIAA Chairman & CEO Mitch Glazier via Medium linked here.