Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
YouTube distributed $8 billion to the music sector over the course of a year

YouTube distributed $8 billion to the music sector over the course of a year

Bitget-RWA2025/10/24 00:09
By:Bitget-RWA

YouTube revealed on Thursday that it has distributed over $8 billion to the music sector between July 2024 and July 2025.

“Reaching $8 billion in payments today shows that our dual approach of advertising and subscriptions is working at full strength,” stated Lyor Cohen, YouTube’s Global Head of Music. “This figure isn’t a final destination; it highlights real and ongoing progress as we strive to create a lasting platform for artists, songwriters, and publishers worldwide.”

Cohen shared news of this achievement for the first time during his appearance at Billboard Latin Music Week on Wednesday.

This achievement sets a new benchmark for YouTube, with its yearly payout to the music industry rising by $2 billion since 2022, when the company reported $6 billion in contributions from July 2021 to June 2022. In 2021, YouTube disclosed that it had paid $4 billion to the industry over a 12-month period.

The announcement on Thursday follows Spotify’s earlier report this year that it paid $10 billion to the music industry in 2024, up from $9 billion in 2023. It’s important to remember that these funds are distributed among labels, publishers, songwriters, and others—not just the artists themselves.

YouTube reports continued growth from its dual revenue streams, stating it now has more than 125 million global Music and Premium subscribers, including those on free trials. The platform also noted that two billion logged-in users watch music videos on YouTube each month.

“As YouTube’s reach around the world grows, so does the opportunity for musicians and songwriters to develop enduring careers and loyal fanbases on the platform,” the company shared in a blog post.

YouTube operates in over 100 countries and offers support for 80 different languages.

At its recent Made on YouTube event, the company announced that it has paid out more than $100 billion to creators, artists, and media organizations over the past four years.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The HYPE Token Crypto Rally: Unveiling the Driving Force Behind Its Week-Long Surge

- HYPE Token's 7-day surge in late 2025, reaching $35.08, was driven by protocol upgrades, institutional backing, and retail FOMO. - Institutional investments like Paradigm’s $581M stake and retail-driven momentum mirrored the 2021 Dogecoin rally. - However, looming token unlocks and bearish indicators, including a $11B unlock of 237M tokens, raised sustainability concerns. - Technical analysis showed mixed signals, with consolidation near support levels and short-term volatility risks, while broader trend

Bitget-RWA2025/12/16 05:58
The HYPE Token Crypto Rally: Unveiling the Driving Force Behind Its Week-Long Surge

How CFTC-Recognized Platforms Such as CleanTrade Are Transforming the Landscape of Clean Energy Investments

- CFTC-approved CleanTrade introduces a regulated SEF for clean energy derivatives, addressing market fragmentation and liquidity gaps. - The platform enables institutional-scale trading of vPPAs/RECs, achieving $16B notional volume in two months by aggregating demand/supply. - Integrated risk analytics (e.g., CleanSight) enhance transparency, allowing investors to hedge project-specific risks like grid congestion and curtailment. - Dual investment pathways attract hedge funds/pension funds through direct

Bitget-RWA2025/12/16 05:26
How CFTC-Recognized Platforms Such as CleanTrade Are Transforming the Landscape of Clean Energy Investments

The Rise of CFTC-Regulated Clean Energy Markets: Opening a New Chapter for Institutional Investors

- CFTC's 2025 approval of REsurety's CleanTrade as a SEF marks a landmark shift in clean energy markets by introducing standardized, transparent trading for VPPAs and RECs. - The platform attracted $16B in notional value within two months, enabling rapid institutional-grade transactions that previously took months to negotiate. - By addressing liquidity gaps and enabling precise risk modeling, CleanTrade is accelerating capital flows into decarbonization while bridging ESG investment gaps for institutional

Bitget-RWA2025/12/16 04:44
The Rise of CFTC-Regulated Clean Energy Markets: Opening a New Chapter for Institutional Investors

The Increasing Overlap Between Health and Financial Wellbeing in Managing Personal Finances

- Global wellness economy to hit $9 trillion by 2028, driven by holistic well-being trends. - Millennials/Gen Z prioritize wellness as lifestyle, with 55% spending over $100/month on health. - Employers integrate financial wellness into health programs to reduce burnout and boost productivity. - Investors target wellness-driven SaaS, healthcare tech , and financial literacy platforms for holistic solutions.

Bitget-RWA2025/12/16 04:22
The Increasing Overlap Between Health and Financial Wellbeing in Managing Personal Finances
© 2025 Bitget