Streaming revenue now accounts for 60 percent of total revenue as of 2024, making it "bigger than the entire recorded music industry revenues for each year between 2003 and 2020," trade body IFPI finds.

In the IFPI's annual Global Music Report covering the music industry in 2024, revenues jumped 5% to $29.6 billion, though AI copyright issues loom.

Subscription streaming boosted global recorded music revenues for a tenth straight year in 2024, by 4.8% to $29.6 billion, an industry group said on Wednesday, while urging policymakers to protect artists from copyright threats by artificial intelligence developers.

Taylor Swift skipped the 2025 iHeart Radio Music Awards, but swept the categories in style in a $2,300 Miu Miu skirt and discontinued Cartier Santos Demoiselle watch.

Taylor Swift, Billie Eilish and Benson Boone were among the winners at the 12th annual iHeartRadio Music Awards.