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U.S. Reaches 100 Million Paid Music-Streaming Subscribers for the First Time, Vinyl Sales Hit $1.4 Billion: RIAA 2024 Year-End Report
The U.S. passed 100 million paid music-streaming subscribers for the first time and vinyl continued its 18-year growth, per RIAA 2024 report.
“Twenty years into the streaming era, over 100 million paid subscriptions now deliver two-thirds of industry revenues, a historic milestone powering America’s music economy forward,” says RIAA Chairman & CEO Mitch Glazier. “It’s an extraordinary achievement by an industry that has successfully focused on its creative and commercial core by championing innovative new services, options, and experiences that add real value for fans.” “Music has never been more dynamic, compelling, and relevant – reaching out beyond our earbuds with conversation-driving cultural touchstones like unforgettable halftime performances, historic television moments or must-see films and biopics.
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