According to the annual report of the RIAA of the American Music Association, music revenue has increased by 11.9% from last year to $ 9.8 billion. Now, the main source of income is music streaming service, which accounts for 75% of the total, amounting to $ 7.4 billion.
Digital radio services, such as Pandora and SiriusXM, also saw sales fall in 2017, but recovered for the first time, exceeding $ 1 billion. On the other hand, sales of physical media music, which is less than download sales and analog records, are declining. Download sales fell from $ 1.4 billion to $ 1 billion, while CD sales were down 34 percent to $ 698 million, down to record sales of $ 419 million. For more information, please click here .