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Introduction

Audio streaming is behind the jump in US recorded-music sales in 2016 and the first quarter of 2017.

Highlights

  • US trade group the RIAA has reported a big rise in trade and retail sales of recorded music for last year.
  • The pattern of last year’s sales looks to have continued into this year, with Nielsen reporting similar unit sales and streaming results to the RIAA for the first three months.

Features and Benefits

  • The research note details the full-year 2016 recorded-music sales figures from trade association the RIAA.
  • The note also examines the first quarter consumption figures and evaluates prospects for the rest of 2017.

Key questions answered

  • What share of total music retail sales in the US was generated by streaming in 2016?
  • Why did the number of audio streams served rise much faster than video streams in the first three months of 2017?

Table of contents

Ovum view

  • Summary
  • Big rise in US recorded-music sales
  • Streaming now the biggest revenue source
  • Audio streaming boosting unit growth

Appendix

  • Author

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