RIAA REPORTS $10B IN U.S. SUBSCRIPTION STREAMING REVENUE

The RIAA has published its full-year 2022 earnings report, which includes all product categories, from CDs and vinyl to downloads to subscription and ad-supported streaming.

Streaming platforms grew 7% year-over-year, amounting to $13.3b. Roughly 75% of that was subscription streaming revenue, which totaled more than $10b. Approximately 92m subscription accounts were tallied by the RIAA, representing nearly 10% growth year-over-year. Revenue from advertising-supported on-demand services (such as YouTube and the ad-supported versions of Spotify, Facebook and others) was up 6% to $1.8b. Ad-supported services contributed 11% of total 2022 recorded-music revenue. Streaming as a whole made up 84% of total recorded-music earnings in the U.S.

Overall, the U.S. recorded-music market grew 6% from 2021 to $15.9b.

Find the full report here while we're reminded, once again, how horrible we are at math.

RIAA REVEALS ROOKIES

IFPI: MUSIC REVENUE HITS $26.2B

< PREVIOUS STORY

BACK TO RUMOR MILL

		NEAR TRUTHS: INCOMPARABLE Taylor world is an ecosystem. (5/7a) Check It Out Now JENNIFER KNOEPFLE: THE HITS INTERVIEW A publishing all-star tells her story. (5/7a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/7a) Check It Out Now BEEF BRINGS LAMAR BACK TO SPOTLIGHT No longer keeping his diss-tance. (5/7a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

RIAA REPORTS $10B IN U.S. SUBSCRIPTION STREAMING REVENUE

Modal