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Streaming music services’ share of total music revenues is bigger than ever. According to a year-end report from the RIAA, revenues from streaming services grew nearly 20% in 2019 to $8.8 billion, accounting for 79.5% of all recorded music revenues. By “streaming,” the report is referring to a variety of services, including ad-supported services like Vevo, YouTube as well as the ad-supported tiers of services like Spotify, plus streaming radio services like Pandora and SiriusXM, and premium subscription services like Spotify Premium and Apple Music. While streaming comes with its own series of challenges for the industry — particularly around how artists, songwriters and publishers get ... Full story

26 February