99M subscribers in US; that's more than I would have guessed. Each pays an average of $70/year, and we all have ad-free, everywhere access to most recorded music. I think it's great. I'm curious about the breakdown of how much $ goes to artists, labels, and services.
New report: Music streaming earned $10.3 billion in revenue last year — about 93% of all digital music revenue and 80% of all music revenue. Paid subscriptions grew 25% to $6.9 billion. Ad-supported streams earned $1.4 billion.https://dima.org/streaming-forward-report/ …
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And... Artistes received how much of that?
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