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Streaming Lifts U.S. Music Sales $15.0 billion Recorded music in 2019 hit its highest level in more than a decade US. recorded music revenue $111B ca from pie- BY ANNE STERTE Just Recorded-niusto sales in the 1.8. grew by 13% last year to $11.1 billion-their highest point in more than a decade- as revenue continued to surge from streaming services such as Spotify and Apple Music Streaming acrounted for 80% of overall revenue in 2019, the industry's fourth consecutive year of growth, aceording to a report from the S 2000 05 10 15 19 Recording Industry Associa- tion of America, a trade group Gran nee Yola performing at the 2020 Spotify Best New Artist Party last month." Alsaciation of Aborka, for record companies. That includes prentium sub The growth comes primar million new customers since 2016, when growth from helped offset a 12% decline in scription services, ad-sup- Lly from Americana opting to month. streaming services began te revenue from CDS ported on-demand services, pay a monthly fee for unlim Revenue from ad-supported outweigh a 15-year decline in Digital download sales fed such as YouTube, Vevo and ited weeks to yast catalogs of on-demand streaming services compact dise sales. X X S 18% to $856 milion, the first Spotify's ad-supported tier, music or services such as such as Alphabet Inc.'s You- $t1, overall sales are about time revenue from such tracks and streaming radio services those offered by Spotify Tech- Tube and Spotify's free tier, 175% of their 1999 peak of $14,6 and albums came in below $1 such as Pandora and SiriusXM. nology SA, Apple Inc. and meanwhile, increased 20% billion. 2 billion since 2006. With revenue of $8.8 billion in Amazon.com Inc. year over year to $908 million. Last year, sales of physical Downloads, which once of 2019, streaming alone was Subscriptions topped 60 Americans streamed more products fell less than 1% to fered a brief reprieve from larger than the entire U.S. re million in 2019, with revenue than 1.5 trillion songs in 2019. $1.15 billion as a 19% Increase tratering physical sales, ac- corded music market in 2017, up 25% to $6.8 billion, as paid the music industry has in vinyl logging the format's counted for just 8% of overall according to the REAA. services added more than one been on an accelerating tear biggest revenue since 1988 revenue in 2019. and QIUPOSARAKOISIANANTAINES ATHUN ale Scrap je S