{"id":2113931,"date":"2025-10-24T23:12:10","date_gmt":"2025-10-24T23:12:10","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2113931"},"modified":"2025-10-24T23:12:10","modified_gmt":"2025-10-24T23:12:10","slug":"youtube-paid-the-music-industry-over-8-billion-in-just-one-year-but-its-still-behind-spotify","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/youtube-paid-the-music-industry-over-8-billion-in-just-one-year-but-its-still-behind-spotify\/","title":{"rendered":"YouTube Paid the Music Industry Over $8 Billion in Just One Year \u2014 But It\u2019s Still Behind Spotify"},"content":{"rendered":"<p><\/p>\n<div data-article-body=\"true\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">YouTube announced Thursday that the company paid out <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/blog.youtube\/news-and-events\/8-billion-youtubes-twin-engine-continues-to-fuel-the-future-of-music\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:more than $8 billion;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">more than $8 billion<\/a> to the music industry in the course of just one year. These figures, shared by YouTube Global Head of Music Lyor Cohen, were calculated by the company\u2019s payments between July 2024 and June 2025.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">\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 Lyor said in a press 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<p class=\"mb-4 text-lg md:leading-8 break-words\">These numbers are a step up from what YouTube has contributed to the music industry in past years, with their 2022 figure coming in $2 billion lower at roughly $6 billion.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" data-ylk=\"ct:story;elm:img;itc:0;\" class=\"stretched-box\" href=\"https:\/\/powerwomensummit2025.splashthat.com\/Creators\" rel=\"noopener noreferrer nofollow\" target=\"_blank\"><\/p>\n<div class=\"relative\"><img alt=\"\" loading=\"lazy\" width=\"960\" height=\"247\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/bqe12I8OIb4No.L9tk6ytg--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI0NztjZj13ZWJw\/https:\/\/media.zenfs.com\/en\/thewrap.com\/a2b8454386799c9c4a16d07f2bdaf265\"\/><\/div>\n<p><\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">However, this still places the music streamer behind its competitor Spotify, which noted in January that they paid <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/newsroom.spotify.com\/2025-01-28\/on-our-10-billion-milestone-and-a-decade-of-getting-the-world-to-value-music\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:a record $10 billion;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">a record $10 billion<\/a> in 2024 alone (In fairness, YouTube has a lower subscriber count than its competitor, with the company noting that it has \u201cover 125 million Music and Premium subscribers globally\u201d in comparison to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/newsroom.spotify.com\/company-info\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Spotify\u2019s reported 276 million;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Spotify\u2019s reported 276 million<\/a>).<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">YouTube\u2019s stark increase in payment comes at a time when the company has taken heat for the contributions it gives to its artists and musicians. In September, Irving Azoff, legendary music mogul and chairman\/CEO of The Azoff Company, visited TheGrill to speak with TheWrap\u2019s Sharon Waxman in a keynote session about the state of the industry. Here, he took YouTube to task for its treatment of artists.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">\u201cI\u2019m fiercely protective of artists rights, and YouTube is by far the worst offender,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.thewrap.com\/irving-azoff-slams-youtube-the-grill-2025\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:he said at the DGA Theater in Los Angeles;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">he said at the DGA Theater in Los Angeles<\/a>. \u201cI\u2019m really not fond when companies take advantage of creators. But YouTube has, in my opinion, invented new words for the way to bully people.\u201d<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Yet, it appears YouTube is actively combating this notion given the latest update.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The post <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.thewrap.com\/youtube-paid-music-industry-behind-spotify\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:YouTube Paid the Music Industry Over $8 Billion in Just One Year \u2014 But It\u2019s Still Behind Spotify;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">YouTube Paid the Music Industry Over $8 Billion in Just One Year \u2014 But It\u2019s Still Behind Spotify<\/a> appeared first on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.thewrap.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:TheWrap;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TheWrap<\/a>.<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source ca.news.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>YouTube announced Thursday that the company paid out more than $8 billion to the music industry in the course of just one year. These figures, shared by YouTube Global Head of Music Lyor Cohen, were calculated by the company\u2019s payments between July 2024 and June 2025. \u201cToday\u2019s $8 billion payout is a testament to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2105694,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25173],"tags":[384354,373367,22437,23844],"class_list":["post-2113931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artists","tag-irving-azoff","tag-lyor-cohen","tag-music-industry","tag-youtube"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/10\/Vertical-Micro-Dramas-Are-an-8-Billion-Business-Hollywood-Is-Finally.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2113931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2113931"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2113931\/revisions"}],"predecessor-version":[{"id":2113932,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2113931\/revisions\/2113932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2105694"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2113931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2113931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2113931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}