What Streaming Slowdown? New 2024 Report Points to Double-Digit Music Spending Hike Across ‘All Formats’

Despite paid listening’s well-documented growth slowdown in the U.S., consumers’ overall recorded music spending increased by double digits during 2024, according to a new report. Photo Credit: Valentin Balan
There’s more to the U.S. music market story than a streaming plateau – at least according to a new analysis of across-the-board consumer spending during 2024.
This latest year-end breakdown comes from MusicWatch and follows separate recorded revenue recaps from the R