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YEAR-END 2020 RIAA REVENUE STATISTICS

YEAR-END 2020 RIAA REVENUE STATISTICS Joshua P. Friedlander | Senior Vice President, Research and Economics, RIAAU nited States recorded music revenues grew in 2020 to $ billion at estimated retail value. This is the fifth consecutive year of growth for the industry, as paid subscription services continued to be the primary driver of REVENUE increases, and reached a record number of subscriptions. Covid-19 affected the industry significantly through tour cancellations, retail store closures, and other disruptions.

YEAR-END 2020 RIAA REVENUE STATISTICS Joshua P. Friedlander | Senior Vice President, Research and Economics, RIAA United States recorded music revenues grew 9.2% in 2020 to $12.2 billion at estimated retail value. This is the fifth consecutive year of growth for the industry, as paid subscription services continued

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