Technology

Streaming Now Accounts for 85% of Recorded Music Sales

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The music industry has been shifting for some time now, and the emergence of the coronavirus pandemic has played a huge factor in this in the past year. The pandemic has dealt a huge blow to live music and artist tours, and this has forced these artists to get a bit more creative on earning money in 2020. A few statistics that truly showcase the changing consumer tastes in recent years were recently released by the Recording Industry Association of America (RIAA). The RIAA’s most recent figures showed that a whopping 85% of all of the money made from recorded music is due to streaming. The good news that comes with this is that the revenue generated from the recorded music during 2020’s first half is actually up.

The rise of streaming

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