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WSJ article on 2017 music sales


GA Russell

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Here is the link, probably behind a paywall.
https://www.wsj.com/articles/music-industry-recovery-continues-powered-by-a-surge-in-subscriptions-1505927551

Sales for the first half of 2017 in a nutshell...

Physical product shipments declined 1%.  Vinyl sales were up 3%, and CD sales were down 3%.  Vinyl was 29% of physical shipments, its highest number since the mid-1980s.  (That surprises me.)

Digital download revenues declined to only 19% of industry total.

Retail revenue increased 17% to $4 billion.  Its full-year peak was 1999's $14.6 billion in the US alone.

Most of today's money is coming from the paid subscribers to Spotify and Apple Music.  However, the streaming service most used (by far) is YouTube's free service.

 

Edited by GA Russell
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