Workflow
Paid streaming services
icon
Search documents
Streaming boosts global music revenues once again in 2025, report shows
Yahoo Finance· 2026-03-18 14:10
Group 1: Industry Growth - Global recorded music revenues increased by 6.4% to $31.7 billion in 2025, marking the 11th consecutive year of growth, primarily driven by paid streaming services [1] - Total streaming revenues accounted for approximately 70% of global recorded music income, surpassing $22 billion [1] - Paid subscription streaming rose by 8.8%, representing 52.4% of total revenues, with 837 million users of paid streaming subscription accounts [2] Group 2: Physical Formats and Regional Performance - Physical format revenues returned to growth, increasing by 8%, with vinyl sales rising for the 19th consecutive year, up by 13.7% [2] - Recorded music revenues grew in all regions, with Latin America experiencing the fastest growth at 17.1%, followed by the Middle East and North Africa, and Sub-Saharan Africa at 15.2%, while the United States and Canada saw a 3.5% increase [5] Group 3: Industry Challenges and Calls to Action - The IFPI urged policymakers to uphold copyright laws essential for industry progress and called for action against streaming fraud, labeling it as "theft" [4] - The organization emphasized the need for streaming services, content aggregators, and distributors to take decisive action against fraudulent activities [4] Group 4: Notable Achievements - Taylor Swift was recognized as the best-selling global artist of 2025, marking her sixth time receiving this title, with her album "The Life of a Showgirl" being the biggest-selling global album of the year [6]