US recorded music revenues grew by 5.6% in first half of 2020
Posted on: 10 septembre 2020, by : Stuart Dredge

US music industry body the RIAA has published its annual mid-year stats for the recorded music market there. They show that revenues grew by 5.6% year-on-year to $5.7bn in the first half of 2020.
The story here, as in other countries, is that Covid-19 had a significant impact in the second quarter of this year, but not enough to push the recorded music market into decline.
That 5.6% growth is a notable deceleration – in the first half of 2019 the growth was 18% – but the RIAA is looking at the positives, including a 12% rise in streaming revenues.
The post US recorded music revenues grew by 5.6% in first half of 2020 appeared first on Music Ally.
Source: Music ally

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