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How the music industry earned a record $11.5 billion last year

Story Center by Story Center
March 16, 2026
Reading Time: 2 mins read
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How the music industry earned a record $11.5 billion last year

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The recording industry reached a milestone of $11.5 billion in U.S. sales last year, propelled by the continued surge in vinyl records and the enduring appeal of Taylor Swift.

Vinyl record sales accounted for more than a billion in U.S. sales in 2025, up more than 9%, according to the Recording Industry Association of America’s annual report.

The U.S. generates nearly 50% of the format’s global total, making it the leader among other physical music formats. This is also the first time vinyls have reached over $1 billion in revenue since 1983.

“Fans are consuming music from the artists they love in more ways than ever, and that passion is reflected in today’s report. 2025 reveals a strong and stable music economy resulting from committed label investment and identification of new spaces to expand artists’ creativity,” Matt Bass, RIAA’s vice president of research, said in a statement.

Though vinyl records continue to make a strong comeback, streaming made up more than 80% of total U.S. revenue. The number of subscribers to audio streamers like Spotify or Apple Music saw an upswing, with paid streaming accounts generating about $6.4 billion in revenue.

Streaming revenue comprises more than 55% of total U.S. music sales. The U.S. is the largest paid subscription market.

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Driving much of the streaming revenue growth was reigning popstar Taylor Swift, who earned the biggest album opening of all time in 2025 with her 12th album, “The Life of a Showgirl.” This record was previously held by Adele’s “25,” which moved nearly 3.5 million units in its first week.

Swift sold more than 4 million copies in the U.S. within its opening week. “Showgirl’s” 12 songs raked in 681 million streams, according to Billboard, making it the fourth-biggest streaming week of all time, behind Swift’s “The Tortured Poets Department” and Drake’s “Scorpion” and “Certified Lover Boy.”

“Music remains a cornerstone of culture and a growing economic powerhouse for the U.S., contributing $212 billion to our GDP and supporting more than 2.5 million American jobs,” RIAA Chairman Mitch Glazier said in a statement.

L.A. Times staff writer Mikael Wood contributed to this report.

‘ The preceding article may include information circulated by third parties ’

‘ Some details of this article were extracted from the following source www.latimes.com ’

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