Strong growth in revenues from streaming services off-setting the decline in digital downloads helped the US market post for the first half of 2015 a modest increase in wholesale revenues of 0.8% at $2.3 billion on a year-on-year basis.
At retail, the overall value decreased 0.5% to $3.2 billion, according to statistics release on September 21 by the Recording Industry Association of America.
“The data continues to reflect the story of a business undergoing an enormous transition," said RIAA chairman ...
Register for a Music Week trial to access this article. Sign up today and you will receive: