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recording revenue

It's the first time the platform revenue has exceeded $200m

Physical formats make up less than 10% of the revenue

Spotify SoundBetter
Spotify SoundBetter

The service allows artists and engineers to buy and sell services

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fabric-a.jpg

First-half recording revenues of the year grew 18% to $5.4 billion

VinylDigging.jpg
VinylDigging.jpg

A staggering increase of 9.7% from last year...

Vinyl makes more revenue for the British music industry than YouTube
Vinyl makes more revenue for the British music industry than YouTube

Wax brought in £57.1million last year... 

streaming 75% music revenue
streaming 75% music revenue

RIAA figures also show that sales of vinyl rose 8% on the previous year...

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