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# 4 Big Takeaways From RIAA Mid-Year 2019 Report
- URL: https://www.hypebot.com/4-big-takeaways-from-new-riaa-mid-year-report/
- Published: 2019-09-06T12:23:09.000Z
- Updated: 2019-09-06T12:23:09.000Z
- Description: The RIAA has released its annual mid-year report and its shows a U.S. recorded music market in strong growth mode. Total revenue grew 18% to $5.4 billion in the first. Continue reading [https://www.hypebot.com/hypebot/2019/09/4-big-takeaways-from-new-riaa-mid-year-report.html]
- Author: Bruce Houghton
- Tags: Indie Music, Major Labels, Music Business, Streaming, #wp, #wp-post, #Import 2026-01-21 09:55

[![Riaa-logo](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4802ac4200c-200wi "Riaa-logo")](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4802ac4200c-popup?ref=hypebot.com)The RIAA has released its annual mid-year report and its shows a U.S. recorded music market in strong growth mode. Total revenue grew 18% to $5.4 billion in the first half of 2019.

**[![Image005](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4802a98200c-500wi "Image005")](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4802a98200c-popup?ref=hypebot.com)** **4 Big Takeaways**

- Streaming now accounts for 80% of recorded music industry revenues
- The number of paid music subscriptions are growing at the rate of 1 million per month, exceeding 60 million for the first time.
- 20% of a major label’s roster of artists signed fresh each year.
- 7 in 10 unsigned artists still want a label deal "to help them make it in an increasingly complicated and high-tech business."

**Read the full RIAA Mid-Year 2019 report ([pdf](https://www.hypebot.com/2019%20Mid-Year%20Revenue%20Report.pdf)).**