US Recorded Music Revenue Reaches $11.1 Billion in 2019

The U.S. recorded music business generated $11.1 billion in revenue in 2019, according to the RIAA’s annual year-end report, a 13% year-over-year increase from the $9.8 billion it reached in 2018. That represents the fourth straight year of double-digit growth for the sector, and a faster rate of growth over 2018, when it increased 11.9% over the prior year.

Source: US Recorded Music Revenue Reaches $11.1 Billion in 2019, 79% From Streaming: RIAA

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