RIAA Posts Mid-Year Statistics

The RIAA has posted its mid-year numbers for 2017.

American music business revenue has grown 17 percent at retail. Fueled by more than 30 million subscriptions, revenues from streaming services now comprise 62 percent of the total market.

A comprehensive recap of the mid-year numbers is available here.

“Our story continues to be one of great promise, but our footing is fragile, and a sustained, durable recovery is jeopardized by a fundamentally uneven playing field,” said RIAA Chairman & CEO Cary Sherman in his accompanying commentary on the mid-year numbers, continued on Medium.