RIAA: Streaming Revenues Climb US Music Charts

Financial Times: The music industry is still waiting for the rise of streaming services like Spotify and Pandora to lead its return to growth. U.S. retail sales edged down 0.5 percent to $3.2 billion in the first half of 2015, according to new data from the Recording Industry Association of America. Behind the headline number is fresh evidence that Americans are steadily moving away from owning tracks and albums outright to listening to whatever music they feel like at the moment, often on their mobile phones, through subscription and advertising-supported streaming services.