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FYI

US Music Industry Sees Fastest Growth in More Than 20 Years

This is the first time since 1999 that US music revenues grew materially for two years in a row, while gaps in core rights continue to distort the marketplace and deprive recording artists and songwriters of the royalties they deserve.

US Music Industry Sees Fastest Growth in More Than 20 Years

By FYI Staff

The music business posted its fastest growth since Boyz II Men and Hootie & the Blowfish topped the charts 23 years ago.


US recorded music sales climbed 17 percent to $8.7 billion last year, the second straight gain in domestic revenue, the Recording Industry Association of America said Thursday.

At wholesale, revenues grew 12.6% to $5.9 billion. These increases were driven by more than 35 million paid subscriptions, a 56% growth year-over-year.

This is the first time since 1999 that US music revenues grew materially for two years in a row, while gaps in core rights continue to distort the marketplace and deprive recording artists and songwriters of the royalties they deserve.

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See the full report here and read more from RIAA Chairman & CEO Cary Sherman in his Medium commentary here.

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Katy Perry's 'Woman's World' Is This Week's Hottest New Radio Track

Though the star has received criticism online for the accompanying music video, causing her to respond on Instagram, the Dr. Luke-produced "Woman's World," is leading the way this week in downloads, while Canadian indie singer Art d'Ecco is also building momentum.

The following are tracks delivered to radio by digital distributor Yangaroo in Canada and broken down into three categories. Top Downloads and Top Canadian Downloads represent the most copied tracks in the week ending July 12. Most Active Indies blends downloads and streams, with the affiliated label and radio promotions company in parentheses.

Top Downloads


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