Recording Industry Association of America (Recording Industry Association of America, RIAA ) has officially announced that the streaming of music for the first time in history was for musicians and studios really profitable way to profit from their creativity. For example, last year STREAMING services, for example, Apple Music and Spotify's, brought more profit than online portals to download music, including iTunes. Thus, streaming tracks brought 34.3% of revenues in 2015, which in monetary terms amounts to 2.4 billion US dollars.
RIAA understands as the main sources of income Apple Music, Spotify, Tidal, as well as Pandora, SiriusXM, and other Internet radio stations. This also includes YouTube and Vevo, ie services where users can listen to music for free, but it is forced to watch commercials, which, as we know, too, cost money. While sales of digital albums have fallen by 5.2%, individual tracks lost profits up 12.8%.
Recall that streaming services, as a rule, provide services for unlimited listening to music on a paid subscription basis. The RIAA believes that musicians began to listen more to the tastes of the users, which allows you to earn more, but not as fast as we would like. That's why the music business reforms are needed, where each would receive according to merit. By the way, RIAA also noted that in recent years greatly increased the demand for vinyl records, which can be compared with 1988, ie when the CDs were not yet so common among users.
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