General Music Discussions - RIAA Mid Year Report-Revenue/Units

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RIAA Mid Year Report-Revenue/Units

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Forum Name: General Music Discussions
Forum Description: Discuss and create polls about all types of music
URL: http://www.progarchives.com/forum/forum_posts.asp?TID=131698
Printed Date: November 29 2024 at 17:49
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Topic: RIAA Mid Year Report-Revenue/Units

Posted By: Catcher10
Subject: RIAA Mid Year Report-Revenue/Units
Date Posted: September 21 2023 at 16:45

Vinyl—
23.4 million units (-1.8% yr-over-yr)
$632.4 million revenue (+1.3%)

CD—
15.1 million units (-17.2% yr-over-yr)
$236.0 million revenue (+14.3% )

Downloads—
(Single) 75.3 million units (-17.8% y-over-y)
(Album) 10.5 million units (-14.7%)
(Total) $224.8 million revenue (-12.0%)

Streaming—
(Paid Subs) 95.8 million units (+6.4% yr-o-yr)
(Paid Subs) $4,973.5 million rev (+12.4%)
(Other Sub models) +0.6% to +56.8% revenue
(Overall) $7,024.9 million revenue (+10.3%)

Vinyl essentially flat, I assume prices reached a ceiling 1st half of the year. A billion $ business in the US now.
Big increase in CD sales, just means prices increased a lot with a large drop in unit sales.
Downloads are dyeing....
Streaming rules the roost.

https://www.riaa.com/wp-content/uploads/2023/09/RIAA-Mid-Year-2023-Revenue-Report.pdf" rel="nofollow - https://www.riaa.com/wp-content/uploads/2023/09/RIAA-Mid-Year-2023-Revenue-Report.pdf

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