Ones and zeros
August 30, 2020
100 million digital music subscribers in the US paid $10 billion last year
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Music streaming generated $10.3 billion in revenue in the US in 2019, US households had 87.2 million subscription accounts, which, through family plans and similar packages, covered 99 million people, according to the new report by Digital Media Association (represents Amazon, Apple, Google, Pandora, Spotify, YouTube). American music fans racked up an unprecedented one trillion streams in 2019. The report predicts that U.S. music revenue will finally topple its heights-of-the-CD-empire record of $14.6 billion by 2025. Yahoo reports.