Despite Streaming, US Recorded Music Revenues Still Down 50% From 1999 Peaks

The Trichordist, an artist-rights blog created by Cracker frontman David Lowery, recently shed light upon the shocking statistic. Compiled annual data from the Recording Industry Association of America (RIAA) shows that U.S. recorded music revenues exceeded a whopping $22.4 billion in 1999, before dropping each year until 2014 (save for a slight rebound between 2003 and 2004).

Read More: https://www.digitalmusicnews.com/2020/08/27/recorded-music-revenues-decrease/