US recorded-music revenues rose 16.5% in 2017 to $8.72bn

US industry body the RIAA has published its figures for recorded-music revenues in 2017, and they show a 16.5% rise in ‘estimated retail value’ to $8.72bn. That represents accelerating growth, after an 11.4% rise in 2016 to $7.65bn. On a wholesale basis – the revenues collected by labels after retailers and digital services have taken […]

EFF denies that stream-ripping is intrinsically illegal

In its recent ‘Notorious Markets’ submission to the US Trade Representative, the RIAA took aim once again at stream-ripping websites, which enable people to rip YouTube videos into downloadable MP3 files. Now campaigning body the Electronic Frontier Foundation (EFF) has criticised the RIAA’s line of argument in its own submission to the Representative. After defending […]

RIAA half-year figures reveal 17% rise for US recorded-music revenues

Paid music-streaming subscriptions are the star of US industry body the RIAA’s latest half-year figures, which show a 17% year-on-year rise in recorded-music retail revenues in the first six months of 2017. That means $4bn of spending on recorded music in the first half of the year, up from $3.4bn in the first half of […]

Music bodies confirm YouTube-MP3 stream-ripping shutdown

Reports on a court filing meant that the news of a settlement between labels and stream-ripping site YouTube-MP3 broke before the relevant industry bodies could announce it. But announce it they did, yesterday, with the IFPI, RIAA and BPI trumpeting the shutdown of a site which at its peak had 60 million monthly visitors turning […]

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