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YouTube has paid more than $8 billion to the music industry in the 12 months between July 2024 and July 2025, the company announced<\/a> on Thursday.<\/p>\n \u201cToday\u2019s $8 billion payout is a testament to the fact that the twin engine of ads and subscriptions is firing on all cylinders,\u201d said YouTube\u2019s Global Head of Music, Lyor Cohen, in a statement. \u201cThis number is not an endpoint; it represents meaningful, sustained progress in our journey to build a long-term home for every artist, songwriter, and publisher on the global stage.\u201d<\/p>\n Cohen first announced the milestone during a talk at Billboard Latin Music Week<\/a> on Wednesday.<\/p>\n The milestone marks a new record for the platform, as YouTube\u2019s annual music industry payout increased by $2 billion since 2022, when the company reported contributing $6 billion<\/a> in revenue to the music industry between July 2021 and June 2022. A year before that, in 2021, YouTube announced that it had paid out $4 billion<\/a> to the industry in 12 months.<\/p>\n Thursday\u2019s announcement comes as Spotify announced earlier this year that it paid out $10 billion<\/a> to the music industry in 2024. The company delivered $9 billion in 2023. It\u2019s worth noting that the artists themselves don\u2019t receive all the money \u2014 it also goes to labels, publishers, songwriters, and others.<\/p>\n YouTube says it\u2019s seeing momentum from its twin-engine revenue model, noting that it has over\u00a0125 million Music and Premium subscribers globally, including users on trials. The company also said that it has two billion logged-in viewers who watch music videos each month.<\/p>\n \u201cAs the platform\u2019s global footprint continues to expand, so does the potential for artists and songwriters to build long-lasting music careers and forever fans on YouTube,\u201d the company wrote in a blog post<\/a>.<\/p>\n YouTube is available in more than 100 countries and supports 80 languages.<\/p>\n