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More people are streaming music through services like Apple Music and Spotify, and the record industry is seeing a major lift.
Revenue made from streaming services in the United States grew by 26 percent in the first six months of the year, according to trade group Recording Industry Association of America, as reported by The Wall Street Journal. That makes for a revenue of $4.3 billion, according to research conducted by the group, which represents approximately 80 percent of the music industry’s overall revenue.
Although this included both paid subscriptions and ad-supported streams, the report also found that paid subscriptions grew by 31 percent, accounting for 62 percent of the industry’s total revenue. Spotify has more than 100…