RIAA says streaming up, revenues down.

According to the RIAA 2014 Mid-Year Shipment And Revenue Report, streaming-service revenue grew significantly—by 28% or $859 million—offsetting declines in digital downloads, but not enough to overcome the downturn in overall revenues, which were down 2.5% to $2.2 billion at wholesale on a year-over-year basis. The decrease at retail was nearly 5%, or $3.2 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *