Streaming Platform Growth
Streaming platform growth represents the rapid expansion and transformation of digital music consumption since the mid-2000s. Revenue increased 34x from $0.4B to $13.6B between 2010-2020¹, reaching $19.3B in 2023². The global market is projected to grow at 14.9% CAGR, reaching $143.89B by 2032³. Streaming now accounts for 69% of music industry revenue⁴, fundamentally reshaping how artists distribute music and consumers access content.
Streaming Platform Growth
Streaming platform growth represents the rapid expansion and transformation of digital music consumption since the mid-2000s. Revenue increased 34x from $0.4B to $13.6B between 2010-2020¹, reaching $19.3B in 2023². The global market is projected to grow at 14.9% CAGR, reaching $143.89B by 2032³. Streaming now accounts for 69% of music industry revenue⁴, fundamentally reshaping how artists distribute music and consumers access content.
Streaming Platform Growth
Streaming platform growth represents the rapid expansion and transformation of digital music consumption since the mid-2000s. Revenue increased 34x from $0.4B to $13.6B between 2010-2020¹, reaching $19.3B in 2023². The global market is projected to grow at 14.9% CAGR, reaching $143.89B by 2032³. Streaming now accounts for 69% of music industry revenue⁴, fundamentally reshaping how artists distribute music and consumers access content.
Related News
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The Weeknd’s ‘Blinding Lights’ Surpasses 5bn Spotify Streams
It’s the first song to reach the milestone

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It’s the first song to reach the milestone
Awards & Milestones
Sep 2, 2025

Awards & Milestones
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1 min read
The Weeknd’s ‘Blinding Lights’ Surpasses 5bn Spotify Streams
It’s the first song to reach the milestone

Charts & Consumption Data
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Domestic artists dominated the Top 10

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Domestic artists dominated the Top 10
Charts & Consumption Data
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1 min read
Italian Music Market Experiences 10% Boost in H1 2025
Domestic artists dominated the Top 10

Deals & Signings
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Spotify Signs New Publishing Agreement With amra
The streaming giant recently signed a similar deal with Kobalt, amra’s American sister company

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The streaming giant recently signed a similar deal with Kobalt, amra’s American sister company
Deals & Signings
Aug 21, 2025

Deals & Signings
Aug 21, 2025
1 min read
Spotify Signs New Publishing Agreement With amra
The streaming giant recently signed a similar deal with Kobalt, amra’s American sister company

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Tencent Music’s Q2 Revenue Jumps 18% on Paid-User Growth
Super Premium subscribers surpassed 15 million

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Super Premium subscribers surpassed 15 million
Business & Finance
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Business & Finance
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2 min read
Tencent Music’s Q2 Revenue Jumps 18% on Paid-User Growth
Super Premium subscribers surpassed 15 million

Business & Finance
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Sony Posts $2.77B in Q2 Music & Publishing, Up 8.8%
Bad Bunny was the company’s biggest selling artist over the last quarter

Sony Posts $2.77B in Q2 Music & Publishing, Up 8.8%
Bad Bunny was the company’s biggest selling artist over the last quarter
Business & Finance
Aug 8, 2025

Business & Finance
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1 min read
Sony Posts $2.77B in Q2 Music & Publishing, Up 8.8%
Bad Bunny was the company’s biggest selling artist over the last quarter

Business & Finance
Aug 5, 2025
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Spotify Hikes Subscription Fees Outside North America
More than 207 million customers will feel the hit

Spotify Hikes Subscription Fees Outside North America
More than 207 million customers will feel the hit
Business & Finance
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Business & Finance
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1 min read
Spotify Hikes Subscription Fees Outside North America
More than 207 million customers will feel the hit

Business & Finance
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UMG’s Half-Year Revenue Rises 6.9% YOY
Physical and merchandising revenue took a hit though

UMG’s Half-Year Revenue Rises 6.9% YOY
Physical and merchandising revenue took a hit though
Business & Finance
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Business & Finance
Aug 1, 2025
2 min read
UMG’s Half-Year Revenue Rises 6.9% YOY
Physical and merchandising revenue took a hit though

Business & Finance
Jul 30, 2025
2 min read
Spotify’s Q2 Results: Subscribers Up, Profits Down
The streaming giant’s stock fell 12% after its Q2 results

Spotify’s Q2 Results: Subscribers Up, Profits Down
The streaming giant’s stock fell 12% after its Q2 results
Business & Finance
Jul 30, 2025

Business & Finance
Jul 30, 2025
2 min read
Spotify’s Q2 Results: Subscribers Up, Profits Down
The streaming giant’s stock fell 12% after its Q2 results
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