Figure 5.1: // THE EVOLUTION OF DIGITAL SOUND RECORDING SALES
Figure 5.1: Revenue in billions
Data from: Recording Industry Association of America, Annual Year-End Statistics
Figure 5.1: Note: The year 1998 is the year before Napster arrived and the peak year of industry revenue. In 2011, digital product revenue surpassed physical product revenue for the first time. In 2013, digital download revenue dropped for the first time, as digital subscriptions and streaming gained in popularity. Synchronization royalties are those from music being licensed for use in television, movies, and advertisements.