US Recorded Music 2025 Annual Revenue Achieves New High
According to the RIAA 2025 Year-End Recorded Music Revenue Report, the US wholesale annual revenue achieved a record high of $11.5 billion last year.
Last year, streaming revenues grew to $9.5 billion and for the fifth straight year, streaming represented 82% of total US revenue. The US remains the world’s largest paid subscription market with 106.5 million accounts generating $6.4 billion in revenue. Premium paid subscription revenues grew by 6.8% to $5.88 billion. Additionally, US vinyl sales grew for a 19th consecutive year, representing nearly 50% of the format’s global value.
“Fans are consuming music from the artists they love in more ways than ever, and that passion is reflected in today’s report. 2025 reveals a strong and stable music economy resulting from committed label investment and identification of new spaces to expand artists’ creativity. From the ease of streaming to new vinyl to licensing responsible AI tools and services, labels are diversifying fan engagement,” says Matt Bass, RIAA VP Research and Gold & Platinum Operations. “US recorded music has demonstrated sustained growth globally, reaching $6.4 billion alone in paid subscriptions and tallying 50% of global vinyl revenue, leading the way for fans to listen and connect with their favorite music whenever, wherever and however they want.”
“The last 20 years have been marked by unprecedented transformation for recorded music – from the steady rise to dominance of anytime, anywhere streaming options as listeners enjoy tunes from their favorite artists to a resurgence of vinyl as both a listening experience and collectable art. And now, our industry is advancing free-market licensing, building responsible AI partnerships that enhance discovery, deepen fan engagement and unlock new creative possibilities for how music is made and experienced,” adds RIAA Chairman & CEO Mitch Glazier. “Through it all, music remains a cornerstone of culture and a growing economic powerhouse for the US, contributing $212 billion to our GDP and supporting more than 2.5 million American jobs.”
Read the full report here.
