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US recorded music bumps along in 2013 - Venture Insights

Report Overview

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US recorded music bumps along in 2013

PublisherEnders Analysis.
Publish Date April 15, 2014
Sector Fixed Line (Internet and Voice), Music and Radio.

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US recorded music retail sales fell 5% in 2013 to $5.5 billion on a bruising 17% decline in physical sales and a sharp slow-down in digital growth.

DTO retail sales slipped for the first time in 2013, a trend that continued in Q1 2014. On a brighter note, the leap from 3.4 to 6.1 million subscribers makes the US the top market for the format.

At the wholesale level, the fall in revenues from B2C sales was entirely offset by the rise in B2B revenues from ad-supported music where usage is booming in 2013, B2B contributed 16% of wholesale revenues of $4.5 billion.