Revenue from recorded music accelerated in the first half of 2017 in the U.S. as more consumers shelled out for subscription streaming services. Retail revenue jumped 17% in the first six months of the year to $4 billion, according to the Recording Industry Association of America, thanks to a record 30 million music subscriptions to services like Spotify AB and Apple Music. That represents almost one million new subscriptions each...

Source: Wall Street Journal September 20, 2017 17:15 UTC