Streaming music sales accounted for 62% of total U.S. music revenue during the first half of 20174
Breaking down streaming revenue in the first half of 2017, subscriber revenue from subscription fees took in $1.7 billion. Ads brought in $273 million and digital radio brought in $493 million. The big gap in subscriber revenue and ad supported revenue explains how streaming leader Spotify can still be losing money. A huge majority of its subscribers are signed up for its free ad-supported tier.
Believe it or not, sales of vinyl records rose 3% in the first half of this year, while CD sales declined 3%. Sales of individual songs declined by 24%.