MUSIC STREAMING IS MAKING BIG BUCKS FOR THE BIG LABELS

The music industry's three biggest labels namely Universal Music Group, 

Sony Music Entertainment and Warner Music Group made a combined $19 million a day and $6.93 billion overall in 2018. 

Streaming also makes up 75% of the industry's revenue now.

#Themusicindustry's three biggest labels made approximately $7.4 billion from streaming in 2018

#Musicstreaming generates Billions of revenue, for who exactly? The three biggest names in the game.

#RIAA reports #music #streaming pulled in $7.4 billion last year. #tech #technews

Three major #musiclabels make $19 million a day from streaming while artists count their pocket change

RIAA reports music streaming pulled in $7.4 billion last year

#RIAAreports music streaming pulled in $7.4 billion last year For the third year in a row, the RIAA's annual report (PDF) shows recorded music revenue growing rapidly, shooting up 11.9 percent from 2017 for a total of $9.8 billion.

Global #digitalmusic downloading revenue vs. digital music streaming revenue (chart in photos)