iTunes's share of
music download revenue in the United States slipped from 67 percent in 2013 to 52 percent in 2014, while Amazon MP3 rose 2 percentage points and Google Play rose 4 percentage points.
According to a revenue statistics report from the Recording Industry Association of America (RIAA), physical music sales have surpassed digital
music download revenue by a $ 200 million margin.
In fact, the Recording Industry Association of America (RIAA) announced in March that for the first time ever, U.S. streaming music revenue exceeded
music download revenue in 2015.
Not exact matches
U.S.
revenue from
downloads — which iTunes dominates — dropped 1 per cent to $ 2.8 billion in 2013, while streaming
music revenue from the likes of Pandora and Spotify soared 39 per cent to $ 1.4 billion, according to the Recording Industry Association of America.
Streaming
music is already accounting for more
revenue for the
music industry than digital
downloads and the sale of CDs combined.
Apple also gets services
revenue from Apple Pay transactions, App Store
downloads, iTunes
music, movie, and TV show purchases, and digital book
downloads.
The original Kindle Fire was rumoured to be sold at cost price or at a minor loss, with Amazon able to recoup lost
revenue on value - added services such as Kindle books, apps and
music downloads.
Global recorded
music industry
revenues declined by 40 % from $ 23.8 billion in 1999 to $ 14.3 billion in 2014 following the launch of the first internet - based
music download service.
According to recently released data from the Recording Industry Association of America (RIAA), paid
downloads accounted for 37 percent of U.S.
music revenues, while streaming contributed 27 percent.
Spotify is the world's top streaming
music service in terms of active users,
downloads and
revenue.