In 2021, recorded streaming revenue alone (across all services) was higher than the entire industry’s revenue from all forms of recorded music for each year from 2009 through 2016.
Even adjusting for inflation, that $7 billion total is the largest sum paid by one retailer to the music industry in one year in history-including any single retailer at the height of the CD or digital download era.Ģ. That’s more than double what we paid out in 2017 ($3.3 billion) and represents a big part of the $30 billion we’ve paid to rights holders since our founding.
We paid music rights holders more money than ever in 2021: $7+ billion, up from $5+ billion in 2020. Today, we’re publishing new and updated information and data-and figures from 2021 that show further meaningful progress toward a healthier and more diverse music industry.ġ. Privacy policy and GDPR | Legal Disclaimer | About us | Contact us | Advertise | Request removal | Home | Jobs near me.In 2021, Spotify launched Loud & Clear, a resource for artists and industry professionals that breaks down the royalty system, the players, and the process.
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