YouTube continues to pay less than most other streaming platforms, according to the BPI (along with every other music industry trade body). But that’s not the only category that’s beating YouTube.
New numbers released by the RIAA show that recorded music revenues have continued to grow over the past year, reaching an uptick of 13% overall. This is good news for an industry which was struggling to stay afloat not long ago, but also carries with it some warning signs, and questions about the future.
Indie artists aren’t the only things not earning enough from streaming music services.
OK, that may have come off a little harsh, but the more you look, the worse it is. Article by violinist Nora Germain.
There were a handful of high-points amongst the US recorded music revenue figures in the first half of this year – but they were all overshadowed by softer growth in streaming and, particularly, an unprecedented decline in CD sales.