US music streaming and subs grow, boost digital revenue to 59% of recorded music

Whilst overall recorded music revenue was down 1% for 2012 in the US, streaming and subscription services grew significantly, accounting for 15% of total record business revenue, according to a new report released by Recording Industry Association of America (RIAA)

The growth across music streaming and subscriptions also pushed the share of digital revenue further past the halfway mark in relation to total recorded music revenue – standing at 59% for 2012, marking 8% year-on-year growth.

Whilst these figures on ...

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