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Any lingering impact that COVID-19 had on American life did nothing to slow music’s six-year growth streak, as MRC Data’s 2021 Mid-Year Report shows overall music consumption for the first six ...
The global music industry surpassed 4 trillion streams in 2023, a new single-year record, Luminate’s 2023 Year-End Report found. Global streams were also up 34% from last year, reflective of an ...
The standard of an album-equivalent unit in the United States, according to the RIAA. The album-equivalent unit, or album equivalent, [1] is a measurement unit in music industry to define the consumption of music that equals the purchase of one album copy. [2] [3] This consumption includes streaming and song downloads in addition to traditional ...
Taylor Swift made up 1.7% of the entire U.S. recorded-music market in 2023, according to the year-end report from Luminate, the industry data partner formerly known as SoundScan. The news does not ...
Billboard said this change was made to further reflect the divergent platforms of music consumption in today's world. [31] Songs ... The US music industry standard ...
Record sales or music sales are activities related to selling music recordings (albums, singles, or music videos) through physical record shops or digital music stores. [ 1 ] [ 2 ] [ 3 ] Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music.
From vinyls to Spotify, the evolution of music consumption has changed drastically -- and now, people are paying big bucks for this nostalgic music item.
The information presented in this page only accounts for revenue generated from the recorded music industry (recorded music and auxiliary revenues generated by these recordings), and is not reflective of the entirety of the music industry, including sectors such as publishing, live music, etc. The United States has remained the biggest market ...