Scott Rasmussen's Number of the Day for March 6, 2019
The Number of the Day columns published on Ballotpedia reflect the views of the author.
March 6, 2019: The American music industry earned $5.4 billion in revenue from 50.2 million paid music subscriptions in 2018. That figure reflects stunning growth for the industry as a whole. Three years earlier, there were just under 11 million paid music subscriptions.[1]
Streaming revenue, driven by the growth of paid subscriptions, now accounts for 75% of all U.S. music industry revenue. Physical CDs and vinyls now make up just 12% of the total.
The surge in subscriptions helped the industry to its third consecutive year of double-digit growth. Overall, Americans spent $9.8 billion on recorded music last year. That’s up a billion dollars from the year before and the highest level in 10 years.
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- March 5, 2019 – 46 Electoral College votes in toss-up status for Election 2020
- March 4, 2019 – 50 percent of voters believe our rights come from the government and Constitution
- March 1, 2019 – 3 gubernatorial races in 2019
- February 28, 2019 – 2,036,296 miles covered by self-driving cars in California last year
- February 27, 2019 – 37.1 percent increase in audiobook sales
- To see other recent numbers, check out the archive.
Scott Rasmussen’s Number of the Day is published by Ballotpedia weekdays at 8:00 a.m. Eastern. Click here to check out the latest update.
The Number of the Day is broadcast on local stations across the country. An archive of these broadcasts can be found here.
Columns published on Ballotpedia reflect the views of the author.
Ballotpedia is the nonprofit, nonpartisan Encyclopedia of American Politics.
See also
Footnotes
| |||||||||||||||||||||||
