ALL MUSIC FACTS Digital revenues were 89% of the total U.S. music industry in 2022 source Average of 92 million paid music subscriptions in 2022 source Streaming was 84% of the U.S. music industry revenue in 2022 source More Than 1.9 trillion songs streamed on demand in 2022 source Revenues from Latin music in the U.S. grew 24% in 2022 source 658 new artists signed to major labels in 2017 source Americans spend more than 4 hours a day listening to music source 9/10 social media users do music related social media activity source Breaking an artist into a major market can cost $2 million source
