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Music's Big 3 Labels Make $19 Million a Day From Streaming

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boscy
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Music's Big 3 Labels Make $19 Million a Day From Streaming Feb 25, 2019 14:25:08 GMT -5

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Post by boscy on Feb 25, 2019 14:25:08 GMT -5

FEBRUARY 25, 2019

Music's Big Three Labels Make $19 Million a Day From Streaming

www.RollingStone.com/music/music-news/musics-big-three-labels-19-million-a-day-from-streaming-798749/

There’s a fresh flow of cash in the record business these days. For an idea of how and why, look no further than the amounts that Sony, Universal and Warner pulled in from streaming services alone in 2018: a combined $6.93 billion in wholesale revenue, as reported in recent investor filings.

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