Spotify now represents one-third of the music industry's total recorded revenue in 2025 Spotify now accounts for 30% of recorded music revenue, paying over $11 billion to the industry in 2025, the largest single-year payout by any music retailer. Original Source: https://www.foxbusiness.com/technology/spotify-now-represents-one-third-music-industrys-total-recorded-revenue-2025