Music Industry revenue statistics have been released for 2014. Read the RIAA full report here. Streaming music continues to be an ever-growing piece of the music industry. Highlights include:
⬥ Paying subscribers to on-demand music services in the U.S. have tripled since 2011.
⬥ The difference between digital downloads and streaming revenues has narrowed – streaming is approaching $2 billion while downloads have decreased to $2.6 billion.
⬥ United States paying subscribers grew 26% to 7.7 million in 2014.
The whole pie looks like this: