According to the RIAA, streaming now accounts for nearly 85% of the music business’ revenue in the United States. Streaming has given our industry something it never really dreamed of, regular monthly revenue; figure $120 per year / per user in the best-case scenario. In the first half of 2021, revenue grew 27% to $7.1 billion, up from $5.6 billion over the same period last year! I believe that, as an industry,
The 5 things you need to know about the economics of streaming music
