RIAA: Music Industry to Earn $10 Billion in 2019, First Time in Over A Decade
RIAA just released its Mid-Year Music Industry Revenue Report for 2019 and it's very promising.
In the first half of 2019, total revenues reportedly grew 18%...
revenue
New Report From RIAA Claims Streaming Accounts For 75 Percent Of Recorded Music Revenue
A new report from the the Recording Industry Association of America (RIAA) examining year-end revenue in the music industry shows and interesting mix of both ...
REPORT: Big Three Music Labels See $1.6 Billion Increase In Music Streaming for 2018
Music streaming has taken over. In 2018, three leading labels known as the “Big Three” pulled in $6.93 billion in wholesale revenue from music streaming al...
Snapchat Sees First-Ever Decline In Users Despite Increase In Revenue
Though Snapchat's new user rate has been declining in recent months, it has never experienced an actual loss of users... until now. In the company's latest earn...
Only 12% of the music industry’s revenue in 2017 went to actual musicians
Artists are getting paid more than ever for their work, but the reality is that it's still a very paltry sum. According to a new report published by Citigroup...
Fortnite Made Nearly $300 Million In April, Pledges $100 Million To Fund Competition Prize Pools
Since its release in July 2017, Fortnite has grown to become one of the world's biggest gaming titles in the world of competitive gaming. Boasting over 1 millio...
Global EDM Revenue Fell 2% From 2016 to 2017
EDM continues to make huge waves with artists Marshmello and ODESZA taking over main stages at traditionally non-EDM festivals, and festivals like Ultra and...
Six-Second, Unskippable Ads Have Come To Snapchat
You're on Instagram, scrolling through your friends' stories, and you reach an ad... you tap on the right and move on, that's it. Now consider the same situatio...
SoundCloud’s Total Revenue Just Surpassed $100 Million
SoundCloud had a rollercoaster of a year in 2017, fighting to remain relevant in a music streaming world with stiff competition like Spotify and Apple Music. Ho...
REPORT: Music Streaming Services Required To Pay Out More For Songwriters And Publishers
Soon, music streaming companies like Spotify and Apple Music will have to shell out more money to songwriters and music publishers -- as royalty payments are re...
Lil Uzi Vert’s Earnings From 1.3 Billion Streams On “XO Tour Llif3” Are Depressingly Low
We all know that streaming isn't exactly the most profitable way for an artist to make money - but when you have a smash hit like Lil Uzi Vert's "XO Tour Llif3,...
Soundcloud’s 2015 Numbers Are In, Shows Net Loss Over $50 Million
UPDATE 1/6 | A Soundcloud spokesperson reached out to deliver this statement regarding this story:
SoundCloud filed its 2015 accounts with Companies House in...