> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Streaming Now Generates More Revenue For Music Industry Than Downloads, Physical Combined
- URL: https://www.hypebot.com/streaming-now-generates-more-revenue-for-music-industry-than-downloads-physical-combined/
- Published: 2017-03-30T17:16:02.000Z
- Updated: 2017-03-30T17:16:02.000Z
- Description: Double digit growth in streaming in 2016 meant that Spotify, Apple Music and their competitors now account for 51.4% of all U.S. music revenue. Digital downloads were 24.1% in 2016 and. Continue reading [https://www.hypebot.com/hypebot/2017/03/streaming-now-generates-more-revenue-for-music-industry-
- Author: Bruce Houghton
- Tags: Indie Music, Major Labels, Music Business, Streaming, Apple Music, Chance The Rapper, Drake (musician), Ed Sheeran, Financial Times, Giggs (rapper), Initial public offering, OVO Sound, record label, Spotify, Streaming media, #wp, #wp-post, #Import 2026-01-21 10:13

[![Arrows up](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8e6f339970b-200wi "Arrows up")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8e6f339970b-popup?ref=hypebot.com)Double digit growth in streaming in 2016 meant that Spotify, Apple Music and their competitors now account for 51.4% of all U.S. music revenue. Digital downloads were 24.1% in 2016 and physical was 21.8% of total revenue. [![Streaming-music-logos](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb098a28c3970d-320wi "Streaming-music-logos")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb098a28c3970d-popup?ref=hypebot.com)This marks the first time since 1998 that the industry has posted back-to-back years of double-digit growth. These milestones were shared in the RIAA 2016 Year End Report published on Thursday. We will have a more detailed analysis on Friday, but in the meantime you can read the full 4 page report [here](https://www.hypebot.com/RIAA-2016-Year-End-News-Notes.pdf).

Related articles

[![](http://i.zemanta.com/AVr2268bhrquzSebvz0O_80_80.jpg)](https://www.hypebot.com/7-reasons-why-spotify-has-real-leverage-negotiating-with-the-major-label-groups/)[7 Reasons Why Spotify Finally Has Real Leverage Negotiating With The Major Label Groups – hypebot](https://www.hypebot.com/7-reasons-why-spotify-has-real-leverage-negotiating-with-the-major-label-groups/)

[![](http://i.zemanta.com/377872798_80_80.jpg)](http://www.thefader.com/2017/03/16/spotify-paid-subscription-reduced-royalties?ref=hypebot.com)[Report: Spotify Could Pay Smaller Royalties To Labels, Make Big Albums Paid Exclusives](http://www.thefader.com/2017/03/16/spotify-paid-subscription-reduced-royalties?ref=hypebot.com)

[![](http://i.zemanta.com/377953039_80_80.jpg)](http://mashable.com/2017/03/21/drake-breaks-records-on-apple-music/?ref=hypebot.com)[Drake just shattered his Spotify record with an Apple Music record](http://mashable.com/2017/03/21/drake-breaks-records-on-apple-music/?ref=hypebot.com)

[![](http://i.zemanta.com/377940598_80_80.jpg)](https://technutty.co.uk/best-connected-speakers-2017-id=80511?ref=hypebot.com)[The best connected speakers of 2017](https://technutty.co.uk/best-connected-speakers-2017-id=80511?ref=hypebot.com)

[![](http://i.zemanta.com/377648501_80_80.jpg)](https://www.macrumors.com/2017/03/02/spotify-hits-50m-user-milestone/?ref=hypebot.com)[With Apple Music at 20M Users, Spotify Hits 50M Paying Subscriber Milestone](https://www.macrumors.com/2017/03/02/spotify-hits-50m-user-milestone/?ref=hypebot.com)

[![](http://i.zemanta.com/377704998_80_80.jpg)](http://www.businessinsider.com/spotify-vs-apple-music-subscriber-growth-chart-2017-3?ref=hypebot.com)[Spotify isn't turning a profit, but it's still keeping Apple Music at arm's length](http://www.businessinsider.com/spotify-vs-apple-music-subscriber-growth-chart-2017-3?ref=hypebot.com)

[![](http://i.zemanta.com/377909141_80_80.jpg)](http://mashable.com/2017/03/18/drake-more-life-project/?ref=hypebot.com)[Drake dropped a bunch of new music and we have A LOT to talk about](http://mashable.com/2017/03/18/drake-more-life-project/?ref=hypebot.com)

[![](http://i.zemanta.com/noimg_69_80_80.jpg)](http://www.ibtimes.com/spotify-will-soon-limit-some-new-albums-paid-users-2510417?ref=hypebot.com)[Spotify Will Soon Limit Some New Albums To Paid Users](http://www.ibtimes.com/spotify-will-soon-limit-some-new-albums-paid-users-2510417?ref=hypebot.com)