The Recording Industry Association of America is out today with an overview of the performance of the music industry during 2016. As detailed in a blog post, the music industry saw revenue of $7.7 billion during 2016, up 11.4 percent compared to the year before.
Perhaps most notably, the report states that streaming music revenue from Apple Music, Spotify, Pandora, and YouTube made up the majority of that revenue for the first time ever.
more…Filed under: Apple
