YouTube’s Annual Music Industry Payout Hits $8 Billion
The figure has increased by $2 billion since 2022
YouTube has announced it paid more than $8 billion in revenue to the music industry between July 2024 and June 2025.
Trending up:
YouTube paid $6 billion in revenue to the music industry between July 2021 and June 2022.
The figure was $4 billion for the 12 months leading up to June 2021.
As a comparison, earlier this year Spotify announced a $10 billion payment to the music industry in 2024.
Momentum:
YouTube says the momentum is coming from its twin-engine revenue model of ads and subscriptions.
The platform has 125 million Music and Premium subscribers globally, including users on trials.
The company also reported that it has two billion logged-in viewers who watch music videos every month.
What they said:
Lyor Cohen, YouTube’s Global Head of Music: “This number is not an endpoint; it represents meaningful, sustained progress in our journey to build a long-term home for every artist, songwriter, and publisher on the global stage.”
YouTube has announced it paid more than $8 billion in revenue to the music industry between July 2024 and June 2025.
Trending up:
YouTube paid $6 billion in revenue to the music industry between July 2021 and June 2022.
The figure was $4 billion for the 12 months leading up to June 2021.
As a comparison, earlier this year Spotify announced a $10 billion payment to the music industry in 2024.
Momentum:
YouTube says the momentum is coming from its twin-engine revenue model of ads and subscriptions.
The platform has 125 million Music and Premium subscribers globally, including users on trials.
The company also reported that it has two billion logged-in viewers who watch music videos every month.
What they said:
Lyor Cohen, YouTube’s Global Head of Music: “This number is not an endpoint; it represents meaningful, sustained progress in our journey to build a long-term home for every artist, songwriter, and publisher on the global stage.”
YouTube has announced it paid more than $8 billion in revenue to the music industry between July 2024 and June 2025.
Trending up:
YouTube paid $6 billion in revenue to the music industry between July 2021 and June 2022.
The figure was $4 billion for the 12 months leading up to June 2021.
As a comparison, earlier this year Spotify announced a $10 billion payment to the music industry in 2024.
Momentum:
YouTube says the momentum is coming from its twin-engine revenue model of ads and subscriptions.
The platform has 125 million Music and Premium subscribers globally, including users on trials.
The company also reported that it has two billion logged-in viewers who watch music videos every month.
What they said:
Lyor Cohen, YouTube’s Global Head of Music: “This number is not an endpoint; it represents meaningful, sustained progress in our journey to build a long-term home for every artist, songwriter, and publisher on the global stage.”
👋 Disclosures & Transparency Block
This story was written with information from TechCrunch.
We covered it because it’s news regarding YouTube’s financials.
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