{"id":414522,"date":"2022-03-10T23:06:14","date_gmt":"2022-03-10T20:06:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/recorded-music-revenue-hit-record-high-in-2021\/"},"modified":"2022-03-10T23:06:14","modified_gmt":"2022-03-10T20:06:14","slug":"recorded-music-revenue-hit-record-high-in-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/recorded-music-revenue-hit-record-high-in-2021\/","title":{"rendered":"#Recorded music revenue hit record high in 2021"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2979972c33f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2979972c33f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/recorded-music-revenue-hit-record-high-in-2021\/#%E2%80%9CRecorded_music_revenue_hit_record_high_in_2021%E2%80%9D\" >&#8220;Recorded music revenue hit record high in 2021&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/recorded-music-revenue-hit-record-high-in-2021\/#According_to_the_Recording_Industry_Association_of_America_recorded_music_brought_in_15_billion_last_year_nearly_percent_more_than_in_2020\" >According to the Recording Industry Association of America, recorded music brought in $15 billion last year, nearly percent more than in 2020.<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CRecorded_music_revenue_hit_record_high_in_2021%E2%80%9D\"><\/span>&#8220;Recorded music revenue hit record high in 2021&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2 class=\"deck\"><span class=\"ez-toc-section\" id=\"According_to_the_Recording_Industry_Association_of_America_recorded_music_brought_in_15_billion_last_year_nearly_percent_more_than_in_2020\"><\/span>According to the Recording Industry Association of America, recorded music brought in $15 billion last year, nearly percent more than in 2020.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"content_blocks\">\n<style>\n<\/style>\n<div id=\"content_block-230026\" class=\"content_block paragraph image triple_gutter_right triple_gutter_left center_align\">\n<div class=\"content_inner_wrapper\">\n<div class=\"media_wrapper\">\n<p>  <img decoding=\"async\" src=\"https:\/\/thefader-res.cloudinary.com\/private_images\/w_760,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg\" srcset=\"https:\/\/thefader-res.cloudinary.com\/private_images\/w_220,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 220w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_300,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 300w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_400,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 400w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_600,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 600w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_750,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 750w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_840,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 840w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_960,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 960w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_1260,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 1260w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_1800,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 1800w,https:\/\/thefader-res.cloudinary.com\/private_images\/w_2400,c_limit,f_auto,q_auto:best\/GettyImages-3313586_yeprql\/photo-by-general-photographic-agency-getty-images.jpg 2400w,\" sizes=\"60vw\" alt=\"Recorded music revenue hit record high in 2021\"><\/p>\n<p><span class=\"img_caption\"><\/p>\n<p>    <span class=\"caption\"><br \/>\n      Photo by <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Photographic Agency\/Getty Images.<br \/>\n    <\/span><\/p>\n<p>  <span class=\"credit\"><br \/>\n      \u00a0<\/p>\n<p>  <\/span><\/p>\n<p><\/span><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<style>\n<\/style>\n<div id=\"content_block-230028\" class=\"content_block paragraph text triple_gutter_right triple_gutter_left center_align\">\n<div class=\"content_inner_wrapper\">\n<div class=\"paragraph_wrapper center_align\">\n<p>            The Recording Industry Association of America (RIAA) have released their <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.riaa.com\/wp-content\/uploads\/2022\/03\/2021-Year-End-Music-Industry-Revenue-Report.pdf\">annual report<\/a> on recorded music revenue. According to the group&#8217;s research, overall sales were up nearly 20 percent last year from 2020, reaching a record-high $15 billion. Streaming and physical revenue saw the biggest growth, with streaming climbing 24 percent and physical sales up a whopping 42 percent. <\/p>\n<div class=\"\" style=\"padding-bottom: 20px; margin-top: 20px; text-align: left;\">\n<\/div>\n<p>            Vinyl sales, in particular, grew massively, rising 61 percent and topping $1 billion for the first time since 1986, helped along by a Christmas break that saw the highest weekly total sales in recorded history and accounted for more than five percent of total units sold. CD sales had a much-needed rebound as well, jumping 21 percent \u2014 the first time the year-to-year total has increased since 2004.<\/p>\n<p>            In the digital world, ad-supported streaming revenues from platforms such as Spotify, Soundcloud, YouTube, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>, and \u2014 for the first time \u2014 TikTok were up an impressive 47 percent. The only major category that experienced a decline was permanent <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">download<\/a>s, which dropped 12 percent. Notably, download sales accounted for only four percent of recorded music revenue last year, whereas they made up 43 percent of all sales at their peak, before streaming became the dominant listening format.<\/p>\n<div class=\"\" style=\"padding-bottom: 20px; margin-top: 20px; text-align: left;\">\n<\/div>\n<p>            The overall industry picture is not as rosy as these numbers suggest. The music business is still dominated by a relatively minuscule number of artists, labels, streaming services, and concert promoters. Most working musicians, independent venues, and non-corporate staff are still struggling with streaming model&#8217;s exploitative nature and the crumbling of traditional live music infrastructure due to COVID-19. And even on the recorded music side, the RIAA report acknowledges that the industry is 37 percent less valuable than it was at its 1999 peak, adjusting for inflation.<\/p>\n<p>            &#8220;We are a single music community, and RIAA and our members work every day towards full recovery for music creators \u2014 including relief efforts and new business opportunities,&#8221; wrote Mitch Glazer, the company&#8217;s chairman and CEO, in an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.musicbusinessworldwide.com\/mitch-glazier-on-2021-riaa-results-a-long-way-together\/\">op-ed<\/a> for Music Business Worldwide. &#8220;And we won\u2019t rest until the full music community can participate in the recovery.&#8221;<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"content_block paragraph triple_gutter_right triple_gutter_left\">\n<div class=\"content_inner_wrapper\">\n<div class=\"\" style=\"padding-bottom: 20px; margin-top: 20px; text-align: left;\">\n<\/div><\/div>\n<\/p><\/div>\n<\/div>\n<p><\/p>\n<div class=\"author\">\n    <span><br \/>\n      By <span class=\"credit_name\">Raphael Helfand<\/span><br \/>\n  <\/span><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.thefader.com\/2022\/03\/10\/recorded-music-revenue-15-billion-2021\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Recorded music revenue hit record high in 2021&#8221; According to the Recording Industry Association of America, recorded music brought in $15 billion last year, nearly percent more than in 2020. Photo by General Photographic Agency\/Getty Images. \u00a0 The Recording Industry Association of America (RIAA) have released their annual report on recorded music revenue. According to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":414523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thefader-res.cloudinary.com\/private_images\/c_limit,w_1024\/c_crop,h_533,w_1024,x_0,y_413,f_auto,q_auto:eco\/GettyImages-3313586_szgi39\/GettyImages-3313586_szgi39.jpg","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[28101,12685,87525,90311,45636,94757,81878,119070,87599,124061,87514,91223,87515,88780,126626,95220,91183,70532,90482,120243,71136,69,118498,95938,89091,87594,90291,87526,87510,93481,120890],"class_list":["post-414522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-pop","tag-soul","tag-afrobeats","tag-ambient","tag-caribbean","tag-club","tag-country","tag-cumbia","tag-dancehall","tag-drum-bass","tag-electronic","tag-emo","tag-experimental","tag-folk","tag-footwork","tag-gospel","tag-grime","tag-hip-hop","tag-house","tag-j-pop","tag-jazz","tag-k-pop","tag-modern-classical","tag-noise","tag-punk","tag-rb","tag-reggae","tag-reggaeton","tag-rock","tag-soca","tag-techno"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=414522"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/414523"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=414522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=414522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=414522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}