News and Notes on 2014 Mid-Year RIAA Shipment and Revenue Statistics

Joshua P. Friedlander
Vice President, Strategic Data Analysis, RIAA

For the first half of 201, strong gro!th in re"enues fro#
strea#ing ser"ices offset declines in digital do!nloads,
$ut o"erall re"enues !ere do!n 2.%&, to '2.2 $illion at
!holesale "alue on a year(o"er(year $asis. At retail, the
decrease in "alue !as .)& to '*.2 $illion.

Figure 1




















Strea#ing #usic ser"ices gre! 2+& in the first half of
201 to '+%) #illion, "ersus ',-* #illion for 1. 201*.
/his category includes re"enues fro# su$scri0tion
ser"ices 1such as Rha0sody and 0aid "ersions of S0otify,
a#ong others2, strea#ing radio ser"ice re"enues that
are distri$uted $y Sound34change 1li5e Pandora,
Sirius67, and other Internet radio2, and other non(
su$scri0tion on(de#and strea#ing ser"ices 1such as
8ou/u$e, Ve"o, and ad(su00orted S0otify2.

/hese strea#ing ser"ices contri$uted 2-& of total
industry re"enues in 1. 201, co#0ared !ith 20& for 1.
201*. /he gro!th in re"enues fro# strea#ing ser"ices
offset the entire decline in re"enues fro# 0er#anent
do!nloads for the first half of 201.




Figure 2




















Paid su$scri0tions gre! to '*-1 #illion, u0 2*& y(o(y on
a "alue $asis, $ut gre! at an e"en #ore ra0id 0ace of
*& $y nu#$er of su$scri0tions. /his difference is
0artially due to an u0date in RIAA9s retail 0rice #ar5u0
esti#ate.

Figure 3

















'*.
'*.2
'2.*
'2.2
'0.0
'0.%
'1.0
'1.%
'2.0
'2.%
'*.0
'*.%
'.0
201* 7idyear 201 7idyear
$

B
i
l
l
i
o
n
s
US Music Industry Mid-Year Revenues
Retail :holesale
Source; RIAA
',-*
'+%)
'1,+,
'1,*0%
'0
'%00
'1,000
'1,%00
'2,000
'2,%00
201* 7idyear 201 7idyear
Per#anent
Do!nloads
/otal Strea#ing
$

M
i
l
l
i
o
n
s
'2,1%) '2,1,
Source; RIAA
Streaming and Permanent o!nloads
%.%
-.+
0
1
2
*

%
,
-
+
)
201* 7idyear 201 7idyear
M
i
l
l
i
o
n
s

o
"

S
u
#
s
c
r
i
#
e
r
s
Paid Su#scri$tions
1, 7onth A"erage2
Source; RIAA
<n(de#and ad(su00orted strea#ing ser"ices gre! %-&
y(o(y to '1,% #illion for the first half of 201, and
Sound34change distri$utions gre! 21& to '*2* #illion.
=o#$ined, those t!o categories accounted for %-& of
total strea#ing re"enues for 1. 201.

/he total "alue of digitally distri$uted for#ats !as '2.2
$illion ( "irtually flat co#0ared to the 1. of 201*. Digital
accounted for -1& of the o"erall #ar5et $y "alue,
co#0ared !ith ,+& for 1. 201* 1note Synchroni>ation
e4cluded fro# this figure2. .istorically, this 0ercentage
has decreased in the second half of the year due to
seasonality.

Re"enues fro# 0er#anent digital do!nloads 1including
al$u#s, single trac5s, "ideos, and 5ios5 sales2 declined
12& to '1.* $illion for the first half of 201. /here !ere
%.* #illion digital al$u#s sold, do!n 11& "ersus ,1.*
#illion in 1. 201*. /otal "alue of digital al$u#s !as
'% #illion, do!n 1& "ersus the sa#e 0eriod the 0rior
year. Digital trac5 sales "olu#e !as do!n )& to ,
#illion, and the total sales "alue of trac5s !as do!n 11&
to '-%* #illion.

/otal sales in 0hysical for#ats !ere '+)+ #illion, do!n
1& "ersus 1. 201*. =Ds #ade u0 +0& of total 0hysical
shi0#ents, and "inyl ? !hich !as u0 *& $y "alue for
the first half of the year ? accounted for 1,& of the total
$y "alue.









Re"enues fro# Synchroni>ation royalties !ere '++
#illion for the first half of the year, do!n 10& "ersus 1.
201*.

/he data for the first half of 201 sho!s strea#ing #usic
ser"ices continuing to gro! in i#0ortance, !ith 2-& of
total re"enues co#ing fro# access #odels ? nearly e@ual
to the 2+& accounted for $y 0hysical 0roducts.


Figure %
























Please note that the RIAA 0resents the #ost u0(to(date infor#ation a"aila$le in its industry re"enue re0orts
and su$scri0tion(only online statistics data$ase
1htt0;AA!!!.riaa.co#A5eystatistics.0h0BcontentCselectorDriaa(shi0#ent(data$ase(log(in2.

For ne!s #edia in@uiries, 0lease contact; Jonathan Ea#y
=ara Duc5!orth :ei$linger
Ei> Fennedy
202A--%(0101


Physical
2+&
Per#anent
Do!nloads
1&
/otal
Strea#ing
2-&
Ringtunes G
Ring$ac5s
1&
Synchroni>
ation
*&
US Music Industry Revenues 1& 2'1%
Source; RIAA

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Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.
Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.
Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.
Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.


Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.
Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.
Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er
attri$ution is gi"en to the Recording Industry Association of A#erica.
Per#ission to cite or co0y these statistics is here$y granted, as long as 0ro0er

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