What Music Sales Really Look Like…

The square = total US music sales in 2014 ($6.97 billion).

recordingsales2014

Breakdown based on percentage of US total sales in 2014.  Source: Recording Industry Association of America (RIAA).  Total sales across all formats were $6.97 billion, down 5% from 2013.

7 Responses

      • FarePlay

        Do you think vinyl will overtake the revenue from paid streaming in the next five years? Makes you wonder what brilliant pivot spotify has next in their bag of VC tricks.

        Is it true Van Morrison pulled Astral Weeks from Spotify?

        It’s the box’s fault, I swear.

        Reply
  1. David

    Well that is assuming that the RIAA’s numbers are accurate, which they aren’t. For instance, they base CD sales on shipments, no actual sales. They then calculate everything based on the “average” cost of a unit, which music is not sold for the average cost. Synchronization estimates are really low compared to what they receive. This would look a lot different if labels actually reported their revenue, profits, etc. You could read more in this essay: https://itakeoverbook.wordpress.com/2015/02/14/the-recording-industry-in-numbers-a-record-label-centered-view-of-recorded-music/

    Or buy and read iTake-Over, where I wrestle with their accounting: https://itakeoverbook.wordpress.com/2014/12/03/itake-over-press-release/

    Reply

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