More music, more listeners, no problems. The global music industry hit 4.8 trillion streams in 2024, a new single-year record, Luminate’s 2024 Year-End Report found. That’s up 14% from 2023, which ...
Some of the biggest music stories in 2024 revealed inalienable truths. Kendrick beat Drake, once and for all; on the heels of her Eras Tour, the highest-grossing tour in history, Taylor Swift is the ...
Streaming revenue now accounts for 60 percent of total revenue as of 2024, making it "bigger than the entire recorded music industry revenues for each year between 2003 and 2020," trade body IFPI ...
Spotify Posts First Full-Year Profit for 2024, CEO Says Streamer Will ‘Double Down’ on Music in 2025
Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged more ...
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