RIAA: U.S. Passes 100 Million Paid Music-Streaming Subscribers in 2024
For the first time, paid streaming subscriptions hit the 100 million mark in the U.S. last year, while vinyl sales continued their nearly two-decade resurgence with $1.4 billion in sales, according to Recording Industry Association of America’s annual recorded-music revenue report.
Despite that milestone, streaming growth continues to slow — it was up just 4 million for the year, continuing a slowing trend over the past five years. Streaming numbers grew by nearly 9 million between 2020 and 2021...
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