Streaming boosts 16.5% rise in US recorded music revenues

Discussion in 'News Editions' started by Becky, Mar 23, 2018.

  1. Becky

    Becky Webmistress Administrator

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    Today's surprising news is that CD and vinyl music is now outselling digital music downloads in the US for the first time in seven years, and it is largely due to the increasing popularity of streaming. Overall, sales of physical products are still falling, but the decline in digital downloads was far bigger - hence why CDs and vinyl are now outselling downloads. Streaming has seen a massive increase. Music Week has been looking at the recent report from RIAA (Record Industry Association of America):


    Read more here.
    Alternatively, here is the full report: 2017 RIAA Shipment & Revenue Statistics
     
    Becky, Mar 23, 2018
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  2. Becky

    Abraham Andres Luna

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    I wonder how these artist make money from all the YouTube streams because we can listen to it for free. Maybe they get a kickback from the Ad dollars.
     
    Abraham Andres Luna, Mar 23, 2018
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  3. Becky

    Becky Webmistress Administrator

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    As I understand it a lot of musicians share their music through Vevo - they pay a share of ad revenue to the artists. I'm sure they also try to keep on top of copy videos, so that the only viewable version is the official one. I bet there's a lot that slips through the net though!
     
    Becky, Mar 23, 2018
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  4. Becky

    Abraham Andres Luna

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    Yea I've seen full movies on YouTube before, I guess they can't monitor the thousands of videos that get uploaded every day.
     
    Abraham Andres Luna, Mar 23, 2018
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  5. Becky

    Becky Webmistress Administrator

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    Exactly. I don't think they last long, and they often make changes so that it can't be detected automatically (ie add a border to the video) but even if it's up for a short while I bet there's money to be made from popular videos.
     
    Becky, Mar 23, 2018
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