February 24, 2025
U.S. Recorded Music Industry Revenue Hit a Record $8.35 Billion During H1 2023, Report Shows — Despite a Vinyl Sales-Volume Decline

The U.S. recorded music industry achieved over 9% year-over-year (YoY) growth during 2023’s initial half, generating a cool $8.35 billion at estimated retail value, according to newly released data. These and other noteworthy consumption figures came to light in an H1 2023 performance breakdown from the Recording Industry Association of America (RIAA…
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