More than 30 million people pay for music subscriptions in the US, according to the latest figures released by the Recording Industry Association of America (RIAA) for the first half of 2017. Paid streaming subscriptions have increased to 30.4 million in the US, up from 20.2 million during the first half of 2016.
Revenue from paid streaming has also grown substantially in 2017, reaching $1.49 billion compared to $995 million this time last year. Paid subscriptions are led by the growth of services like Spotify and Apple Music, as well as the growth of Amazon’s streaming service.
A new subsection of streaming music, known as limited tier paid subscriptions, is…