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US Music Streaming Tops 100 Million Subscribers; Vinyl Outsells CDs For Third Year
U.S. music streaming services surpassed 100 million subscribers in 2024 [PDF] while industry revenue hit a record $14.9 billion, up 4% from the previous year, according to the Record Industry Association of America (RIAA). Physical media sales outpaced digital growth, with vinyl records increasing...
U.S. music streaming services surpassed 100 million subscribers in 2024[PDF] while industry revenue hit a record $14.9 billion, up 4% from the previous year, according to the Record Industry Association of America (RIAA).Physical media sales outpaced digital growth, with vinyl records increasing 7% to $1.4 billion, outselling CDs ($541 million) for the third consecutive year. Digital downloads plummeted 14.9%, now representing just 2% of industry revenue.
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