Streaming Music Revenue Overtakes Physical and Download Sales Combined
Industry figures confirm that streaming now accounts for more than 80% of recorded music revenues globally.
Annual figures from the global recorded music industry confirm that streaming revenues now account for more than 80% of total sector income, surpassing the combined revenue from physical formats and permanent digital downloads for the first time in a single-year comparison that has been trending in this direction for several years.
The report highlights strong growth in artist subscription tiers, where listeners pay premium rates to access exclusive content and closer artist relationships, as an emerging driver of incremental revenue beyond standard platform subscriptions.
Independent artist revenues grew faster than major label catalogues for the third consecutive year, reflecting structural changes in how music is discovered and monetised.
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