Despite the COVID-19 pandemic, the US music industry had a good showing in 2020.

Despite the COVID-19 pandemic, the US music industry had a good showing in 2020. In the first half of the year, wholesale and retail revenues reached $3.7 billion and $5.7 billion respectively.

It is not only the US music industry that experienced growth. The recording industry in Spain saw an increase of 4% in wholesale revenue. This is just in the first half of the year. In the same period, Germany’s recording industry grew 4.8% on a retail basis.