More music, more listeners, no problems. The global music industry hit 4.8 trillion streams in 2024, a new single-year record, Luminate’s 2024 Year-End Report found. That’s up 14% from 2023, which ...

Data firm Luminate’s music streaming data shows where the industry is headed in 2025—from 2024’s big year for pop to growth in international subscribers. [Photo: Unique Nicole/WireImage/Getty Images; ...

For the first time, paid streaming subscriptions hit the 100 million mark in the U.S. last year, while vinyl sales continued their nearly two-decade resurgence with $1.4 billion in sales, according to ...

Streaming revenue now accounts for 60 percent of total revenue as of 2024, making it "bigger than the entire recorded music industry revenues for each year between 2003 and 2020," trade body IFPI ...

Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged more ...