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The Financial Rise and Fall of RIAA and Major Labels

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(Update 2) Revenue reports from RIAA member labels and edited notes compiled by Ccomp5950 via Techdirt. Be sure to read @billboardglenn's corrections and clarifications in the comments section.

Year: $ In Millions (revenue)
  • 1993: 10046.6 (price of CD players drop)
  • 1994: 12068
  • 1995: 12320.3
  • 1996: 12533.8
  • 1997: 12236.8
  • 1998: 13723.4 (Napster sued into bankruptcy)
  • 1999: 14651 (Work for hire controversy)
  • 2000: 14404
  • 2001: 13700 (iPod released in October)
  • 2002: 12,614.2 (Price Fixing lawsuit hits RIAA)
  • 2003: 11,854.4 (Grokster lawsuit, Mass lawsuits by RIAA )
  • 2004: 12,345.0 [Revenue Digital / Physical, BMG sells to Sony)
  • 2005: 12,296.9 [9%/91%]
  • 2006: 11,758.2 [83.9%/16.1%]
  • 2007: 10,370.0 [77%/23%]
  • 2008: 8,768.4 [66%/34%] (mass lawsuits end, EMI struggles)
  • 2009: 7,690.0 [59%/41%] (Layoffs hit RIAA)

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