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US music subscriptions cross 100 million as digital downloads drop

Business is still thrived for music broadcasting services, which crossed the brand of subscribers in the United States of 100 million in 2024, according to the American Registration Industry Association (RIAA) The latest revenue report. The total sales have also been strengthened through the physical media, which grow at a slightly faster than digital, due to the constant increase in vinyl sales.

“Paid subscriptions, advertising -backed services, digital and allocated radio, social media platforms, digital fitness applications and others grew by 4 % to record revenues of $ 14.9 billion,” writes RIAA. This is about half a billion dollars more than Take the previous year.

Meanwhile, Vinyl, who has seen 7 percent growth and has now Displacement CDs for the third year in a row1.4 billion dollars was withdrawn out of a total of $ 2 billion on the material media. Celsius CD revenue increased by a percentage, and received $ 541 million for this year. Digital downloads decreased by 14.9 percent against last year and constituted only two percent of the total.

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