The value of the U.S. recorded music industry grew by 6.1% during 2022 to surpass $15.87 billion, according to a year end report, as streaming subscriptions’ annual revenue cracked $10 billion for the first time and vinyl managed to outsell CDs.
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The value of the U.S. recorded music industry grew by 6.1% during 2022 to surpass $15.87 billion, according to a year end report, as streaming subscriptions’ annual revenue cracked $10 billion for the first time and vinyl managed to outsell CDs.