{"id":5567,"date":"2026-06-16T19:34:00","date_gmt":"2026-06-16T18:34:00","guid":{"rendered":"https:\/\/thehotedit.com\/index.php\/2026\/06\/16\/the-music-industry-is-closing-in-on-a-billion-global-subscribers-with-spotify-out-in-front\/"},"modified":"2026-06-16T19:34:00","modified_gmt":"2026-06-16T18:34:00","slug":"the-music-industry-is-closing-in-on-a-billion-global-subscribers-with-spotify-out-in-front","status":"publish","type":"post","link":"https:\/\/thehotedit.com\/index.php\/2026\/06\/16\/the-music-industry-is-closing-in-on-a-billion-global-subscribers-with-spotify-out-in-front\/","title":{"rendered":"The music industry is closing in on a billion global subscribers &#8211; with Spotify out in front"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The number of music streaming subscribers globally reached <strong>921.6 million<\/strong> at the end of <strong>2025<\/strong>, nearing the <strong>1 billion<\/strong> mark.<\/p>\n<p>That is according to <strong>Midia\u00a0Research<\/strong>, whose latest <a target=\"_blank\" class=\"link-external\" href=\"https:\/\/www.midiaresearch.com\/subscriber-market-shares\" target=\"_blank\" rel=\"noopener\">Music Subscriber Market Shares report<\/a> estimates that the global subscriber count grew <strong>10.1%<\/strong> <strong>YoY<\/strong> in 2025.<\/p>\n<p><strong><a target=\"_blank\" target=\"_blank\" class=\"link-relationship\" title=\"Companies &gt; Spotify [4,835 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/spotify\/\">Spotify<\/a><\/strong> remained the largest music subscription service worldwide, holding a <strong>31.4%<\/strong> share of global subscribers, according to <strong>Midia<\/strong>.<\/p>\n<p>The <strong>921.6 million<\/strong> total was up from <strong>837.3 million<\/strong> a year earlier, and has nearly doubled from the <strong>472.2 million<\/strong> that <strong>Midia<\/strong>\u00a0counted at the end of 2020.<\/p>\n<p>The <strong>1 billion<\/strong> milestone is \u201cnow firmly in sight,\u201d <strong>Midia<\/strong>\u00a0<a target=\"_blank\" class=\"link-external\" href=\"https:\/\/www.midiaresearch.com\/blog\/music-subscriber-market-shares-q4-2025-the-chess-board-is-set\" target=\"_blank\" rel=\"noopener\">said in a blog post<\/a> published Monday (June 15), even as subscriber growth slowed from a year earlier.<\/p>\n<p><strong>Spotify<\/strong>\u2018s own figures put its global Premium Subscriber base at <a target=\"_blank\" class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/spotify-subscriber-base-hits-290m-in-q4-as-streaming-giant-posts-2-5bn-annual-operating-profit-for-2025\/\" target=\"_blank\" rel=\"noopener\">290 million paying users at the end of 2025<\/a>, up <strong>10%<\/strong> year-over-year.<\/p>\n<p>The company added <strong>27 million<\/strong> net paying subscribers across 2025, having finished 2024 on <strong>263 million<\/strong>.<\/p>\n<p><strong>Spotify<\/strong>\u2018s subscriber base has since grown to <a target=\"_blank\" class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/spotify-subscriber-base-grew-by-3m-to-293m-in-q1-company-posted-837m-operating-profit-for-the-quarter\/\" target=\"_blank\" rel=\"noopener\"><strong>293 million<\/strong> in Q1 2026<\/a>.<\/p>\n<p><strong><a target=\"_blank\" target=\"_blank\" class=\"link-relationship\" title=\"Companies &gt; YouTube Music [344 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/youtube\/youtube-music\/\">YouTube Music<\/a><\/strong> was the fastest-growing global music service in percentage terms for the second year running, <strong>Midia<\/strong> said, ending 2025 with net additions only narrowly behind Spotify\u2019s.<\/p>\n<p><strong>Midia<\/strong> put <strong>YouTube Music<\/strong>\u2018s share of global subscribers at <strong>12.4%<\/strong> in 2025, up from <strong>7.9%<\/strong> at the end of 2020.<\/p>\n<blockquote>\n<p>\u201cThe big success story of 2025 is <strong>YouTube Music<\/strong>, which based on current trends is on track to overtake <strong><a target=\"_blank\" target=\"_blank\" class=\"link-relationship\" title=\"Companies &gt; Apple Music [1,531 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/apple\/apple-music\/\">Apple Music<\/a><\/strong> and <strong>Tencent<\/strong> in global subscribers in 2026.\u201d<\/p>\n<p><span style=\"color: #000000;\"> <strong>Perry Gresham<\/strong>, <strong>Midia<\/strong><strong>\u00a0<\/strong><\/span><\/p>\n<\/blockquote>\n<p>\u201cThe big success story of 2025 is <strong>YouTube Music<\/strong>, which based on current trends is on track to overtake <strong>Apple Music<\/strong> and <strong>Tencent<\/strong> in global subscribers in 2026,\u201d said <strong>Perry Gresham<\/strong>, Head of Data at <strong>Midia<\/strong><a target=\"_blank\" class=\"link-external\" href=\"https:\/\/www.midiaresearch.com\/subscriber-market-shares\" target=\"_blank\" rel=\"noopener\"><strong>\u00a0Research<\/strong><\/a>.<\/p>\n<p>\u201c<strong>Asia Pacific<\/strong> and <strong>Latin America<\/strong> have been vital to <strong><a target=\"_blank\" target=\"_blank\" class=\"link-relationship\" title=\"Companies &gt; YouTube [2,273 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/youtube\/\">YouTube<\/a><\/strong>\u2018s growth.<\/p>\n<p>\u201cMarket leader <strong>Spotify<\/strong> had the highest net subscriber additions of any DSP, strong in <strong>Latin America<\/strong> but also maintaining growth in <strong>Europe<\/strong>, contributing <strong>85%<\/strong> of net additional <strong>European<\/strong> subscribers in 2025.\u201d<\/p>\n<p><strong>YouTube Music<\/strong> overtook <strong>Spotify<\/strong> to become the No.1 music service in <strong>MENA<\/strong>, <strong>Midia<\/strong><a target=\"_blank\" class=\"link-external\" href=\"https:\/\/www.midiaresearch.com\/blog\/music-subscriber-market-shares-q4-2025-the-chess-board-is-set\" target=\"_blank\" rel=\"noopener\">\u00a0said<\/a>, while <strong>Spotify<\/strong> held its lead in the <strong>Americas<\/strong> and <strong>Europe<\/strong>.<\/p>\n<p><strong>YouTube Music<\/strong> is \u201cpicking up the pace\u201d in the markets <strong>Midia<\/strong>\u00a0sees as driving most future subscription growth, the firm said.<\/p>\n<p><strong><a target=\"_blank\" target=\"_blank\" class=\"link-relationship\" title=\"Companies &gt; Tencent Music Entertainment [313 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/tencent-music-entertainment\/\">Tencent Music Entertainment<\/a><\/strong> was the second-largest service globally with a <strong>13.8%<\/strong> share, ahead of <strong>Apple Music<\/strong> on <strong>12.6%<\/strong>, according to <strong>Midia<\/strong>.<\/p>\n<hr\/>\n<figure class=\"mbw-articlepic mbw-articlepic--center\"><a target=\"_blank\" class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2026\/06\/Screenshot-2026-06-16-at-19.27.44.jpg\" target=\"_blank\" rel=\"noopener\"\/><a target=\"_blank\" class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2026\/06\/Screenshot-2026-06-16-at-19.27.44.jpg\" target=\"_blank\" rel=\"noopener\"\/><a target=\"_blank\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2026\/06\/Screenshot-2026-06-16-at-19.27.44.jpg\" data-lightbox=\"image-set\" data-title=\"\"><i class=\"fas fa-search-plus magnifying-glass-icon\"\/><\/a><\/figure>\n<hr\/>\n<p><strong>Apple Music<\/strong>\u2018s share has fallen from <strong>18.4%<\/strong> at the end of 2020, when it ranked second behind <strong>Spotify<\/strong>.<\/p>\n<p><strong><a target=\"_blank\" target=\"_blank\" class=\"link-relationship\" title=\"Companies &gt; Amazon Music [498 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/amazon\/amazon-music\/\">Amazon Music<\/a><\/strong> followed in fifth place with an <strong>8.5%<\/strong> share, according to <strong>Midia<\/strong>.<\/p>\n<p><strong>Apple Music<\/strong>, <strong>Amazon Music<\/strong> and <strong>Tencent Music<\/strong> all lost global share over the year, according to <strong>Midia<\/strong>.<\/p>\n<p><strong>Midia\u2019s<\/strong> count includes standalone <strong>YouTube Music<\/strong> subscriptions and <strong>YouTube Premium<\/strong> subscribers who access the music platform, a narrower measure than <strong>YouTube<\/strong>\u2018s own headline numbers.<\/p>\n<p><strong>YouTube<\/strong> last reported <a target=\"_blank\" class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-music-hits-125m-paid-subscribers-adding-2m-subs-per-month-on-average-over-the-past-year\/\" target=\"_blank\" rel=\"noopener\">125 million YouTube Music and Premium subscribers<\/a> globally, including trials, in March 2025.<\/p>\n<p>For the fifth straight year, <strong>Latin America<\/strong>, <strong>Asia Pacific<\/strong> and the <strong>Rest of World<\/strong> together accounted for more than <strong>70%<\/strong> of global subscriber growth, <strong>Midia<\/strong>\u00a0said.<\/p>\n<p><strong>Latin America<\/strong> reached a record peak for net additions, while growth in <strong>Asia Pacific<\/strong> is slowing, according to the research firm.<\/p>\n<p>Subscriber growth continued to outpace major-label streaming revenue, which rose <strong>8.3%<\/strong>, though <strong>Midia<\/strong>\u00a0said the gap between the two narrowed in 2025.<\/p>\n<p><strong>Tencent Music Entertainment<\/strong> grew its annual revenue <strong>15.8%<\/strong> despite a fall in net subscriber additions, <strong>Midia<\/strong>\u00a0added.<\/p>\n<p>When\u00a0<strong>TME<\/strong>\u00a0reported its full-year\u00a0<strong>2025<\/strong>\u00a0results in March, it revealed that its Super VIP tier\u00a0<a target=\"_blank\" class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/tencent-music-now-has-20m-super-vip-subscribers-heres-what-that-means-for-chinas-largest-music-streamer\/\" target=\"_blank\" rel=\"noopener\">had surpassed 20 million subscribers<\/a>, up from\u00a0<strong>15 million<\/strong>\u00a0at the end of Q2\u00a0<strong>2025<\/strong>\u00a0and\u00a0<strong>10 million<\/strong>\u00a0in Q3\u00a0<strong>2024<\/strong>.<\/p>\n<p>At that time, the company reported total paying music subscribers of\u00a0<strong>127.4 million<\/strong>\u00a0as of Q4 2025.<span class=\"mb-article__stamp\">Music Business Worldwide<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.musicbusinessworldwide.com\/the-music-industry-is-closing-in-on-a-billion-global-subscribers-with-spotify-out-in-front\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of music streaming subscribers globally reached 921.6 million at the end of 2025, nearing the 1 billion mark. That is according to Midia\u00a0Research, whose latest Music Subscriber Market Shares report estimates that the global subscriber count grew 10.1% YoY in 2025. Spotify remained the largest music subscription service worldwide, holding a 31.4% share [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/06\/Spotify-bundling-1.webp","fifu_image_alt":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[25],"tags":[1825,2359,2075,1116,1348,1224,5002],"class_list":["post-5567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-music","tag-billion","tag-closing","tag-front","tag-global","tag-industry","tag-spotify","tag-subscribers"],"_links":{"self":[{"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/posts\/5567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/comments?post=5567"}],"version-history":[{"count":0,"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/posts\/5567\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/media\/5568"}],"wp:attachment":[{"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/media?parent=5567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/categories?post=5567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thehotedit.com\/index.php\/wp-json\/wp\/v2\/tags?post=5567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}