4 Big Takeaways From RIAA Mid-Year 2019 Report
- 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).