The music industry's three biggest labels namely Universal Music Group,
Streaming also makes up 75% of the industry's revenue now.
#Themusicindustry's three biggest labels made approximately $7.4 billion from streaming in 2018
#Musicstreaming generates Billions of revenue, for who exactly? The three biggest names in the game.
#RIAA reports #music #streaming pulled in $7.4 billion last year. #tech #technews
Three major #musiclabels make $19 million a day from streaming while artists count their pocket change
RIAA reports music streaming pulled in $7.4 billion last year
#RIAAreports music streaming pulled in $7.4 billion last year For the third year in a row, the RIAA's annual report (PDF) shows recorded music revenue growing rapidly, shooting up 11.9 percent from 2017 for a total of $9.8 billion.