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RIAA Reports Music Industry Revenue Up In Early 2017

RIAA Reports Music Industry Revenue Up In Early 2017

first_img Twitter News Email Facebook RIAA: Music Industry Revenues Up riaa-reports-music-industry-revenue-early-2017 RIAA Reports: Music Industry Revenue Up In Early 2017 NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO May 15, 2017 – 1:50 am Chance The Rapper Wins Best Rap Album GRAMMY In the first six months of 2017, music retail revenues came in at $4 billion, which represents a 17 percent increase over early 2016. Of these numbers, streaming services, including paid subscriptions, free ad-supported tiers and radio streaming platforms, generated 62 percent of total music industry revenue.Financial windfall from streaming services has continued to rise over the last three years, increasing from $474,000 in the first part of 2015 to $1.7 million so far this year, a dramatic jump of 258 percent.While overall this is good news, unfortunately music creators are still seeing a decline in payments through SoundExchange, down 16 percent from this time in 2016. However, when factoring in direct payments some services make to labels, such as streaming radio service Pandora, the report shows revenue from digital radio has increased in 2017 by 21 percent.Continuing the trend of recent months, digital downloads have declined. In the first half of 2017, digital sales accounted for $757 million in revenue, less than half of what digital downloads brought in the first six months of 2013 at $1.54 billion.Physical music sales such as vinyl, CDs, cassettes, and music videos held steady in the first part of 2017, accounting for $632 million in sales, a 1 percent drop from 2016. Vinyl continued its growth trend, adding 3.2 percent from $176.1 million to $181.7 million. The RIAA attributes this to higher vinyl prices as opposed to an increase in unit sales.RIAA Reports: Music Streaming Is Accelerating Industry Growth RIAA report reveals that music industry revenues were up in the first half of 2017 led largely by paid streamingRenée FabianGRAMMYs Sep 25, 2017 – 4:07 pm Good news for the music industry in the first half of 2017 — according to the Recording Industry Association of America’s mid-year sales report, retail revenues are up by double digits.last_img read more

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ARREST LOG Wilmington Police Make 2 Arrests Issue 2 Summonses

ARREST LOG Wilmington Police Make 2 Arrests Issue 2 Summonses

first_imgWILMINGTON, MA — According to Wilmington Police Logs, Wilmington Police issued the following arrests and summonses between September 27, 2018 and October 3, 2018:Thursday, September 27Arthur S. Boulas (28, Woburn) was issued a summons for Operating A Motor Vehicle with a Suspended or Revoked Registration, Uninsured Motor Vehicle, and No/Expired Inspection Sticker.Friday, September 28Eric Creekmore (36, Wilmington) was arrested on 2 warrants and for Possession of a Class A Drug. (8:53am)Saturday, September 29NoneSunday, September 30NoneMonday, October 1James L. Colozzi (50, Wilmington) was arrested on a warrant.Yusef H. Bhatti (27, Wilmington) was issued a summons for Uninsured Motor Vehicle and Operating A Motor Vehicle With A Revoked Or Suspended Registration. (8:03pm)Tuesday, October 2NoneWednesday, October 3None(DISCLAIMER: This information is public information.  An arrest does not constitute a conviction.  Any arrested person is innocent until proven guilty.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedARREST LOG: Wilmington Police Make 3 Arrests & Issue 4 SummonsesIn “Police Log”ARREST LOG: Wilmington Police Make 5 Arrests & Issue 4 SummonsesIn “Police Log”ARREST LOG: Wilmington Police Make 1 Arrest & Issue 2 SummonsesIn “Police Log”last_img read more

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Modern Dhaka key to MIC status

Modern Dhaka key to MIC status

first_imgDhakaBangladesh’s capital city has grown rapidly without urban development proper, and lack of adequate planning has led to congestion in Dhaka city and its poor livability.This was observed in a new World Bank analysis that was shared at a high-level international conference at a city hotel on Wednesday.Many residents, including the 3.5 million slum dwellers, often lack of access to basic services, infrastructure and amenities, said the analysis.It mentioned that with 36 per cent of the country’s urban population living in greater Dhaka, the capital city has become one of the world’s most densely populated cities.The global agency insisted that Bangladesh must manage Dhaka’s urban growth to achieve its vision of becoming an upper-middle income country by its 50th birthday.The WB recommended taking full advantage of East Dhaka – where there is ample availability of land near the core of the city – to increase the city’s economic opportunities and livability.In its analysis, the WB pointed out that in the past 10 years, average traffic speed has dropped from 21 km/hour to 7 km/hour, only slightly above the average walking speed.Congestion in Dhaka also eats up 3.2 million working hours per day, according to the analysis.“Based on current trends, Dhaka will have more than 35 million people by 2035.  A productive and livable city of this scale can make enormous contribution to its citizens and the economy,” said WB country director Qimiao Fan.“However,” he added, “Dhaka must seize the opportunity to properly plan, coordinate, and invest for the future to achieve its full potential. As Bangladesh’s long-term development partner, the World Bank looks forward to supporting the city’s ambitious transformation.”Martin Rama, WB chief economist for South Asia, cited the examples of Eastern Shanghai’s Pudong District and some others that demonstrated  proper planning and execution could encourage economic vibrancy, improve livability, and ease congestion.“With Dhaka’s huge and increasing population, developing East Dhaka in a sustainable manner is more effective and economical than attempting to retrofit over-built and over-congested areas. The time to act is now,” he said.Sheila Dikshit, former chief minister of Delhi, India, and Qizheng Zhao, former vice mayor of Shanghai, China shared their experiences on transformations in Delhi and in Eastern Shanghai’s Pudong district, respectively.Both cities gained greatly from public-private partnerships as well as coordination efforts from multiple ministries and agencies, said a WB news release.Local government, rural development and cooperatives minister Khandaker Mosharraf Hossain delivered the keynote speech.Policy makers, senior government officials, mayors for Dhaka North and South, urban planners, civil society representatives, and private sector leaders also joined the conference.last_img read more

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