US Music Revenues

The chart in the project depicts the dramatic transformation in the music industry's revenue sources, transitioning from physical to digital formats. It shows a peak in physical sales in 1999, reaching $22.3 billion, followed by a decline as digital sales, driven by platforms like iTunes, rose significantly.

By 2019, the music revenue hit $11.1 billion, underscoring a pivotal shift in consumer behavior and industry adaptation to digital distribution. This analysis provides insights into the evolving dynamics of music consumption and the critical role of digital innovation in shaping the industry's future.

Click on the image to see full size.

*This project is part of my Advanced Excel Dashboard Design course from Maven Analytics.