US streaming music revenue up 39% in 2013
Streaming music revenues grew 39% in the US last year, generating $1.4 billion.
The sector contributed more than one-fifth of the territory’s overall record business, up from just 15% in 2012.
Paid subscriptions (discounting royalty payments from free tiers from the likes of Spotify and Pandora) generated $628.1 million in revenue last year – a rise of 57% compared to 2012.
According to new RIAA figures, the US posted $6.996 billion in revenues last year – down 0.3% from $7.016 ...
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