Spending on Music

How Do We Spend Our Music Dollars?

Americans spent $109 on music in 2014 with a little over 1/2 spent on live events and the rest on recorded music.  By far the single biggest item of spending was live concert admissions which accounted for $38 of the $109, about 3 times the spending on CDs.  Spending on music streaming was very small, accounting for on average of just $3.  The data from the 2014 NIELSEN MUSIC U.S. REPORT is summarized in the chart below:

Spending on Music

I prefer the Marimekko chart to show music spend than the pie/donut chart in the Nielsen report.  It allows me to split spend into its two major categories–live and recorded–and to break out the components of each category.  You can quickly see that live concert admissions dominates all other components and with a little searching you can see that streaming is still a very small part of our spend.  You can download and review the chart in SlideShare below: