Here's How Music Industry Revenue Evolved Over Time 🎵

What we're showing

This chart (coincidentally known as a stream graph) provides a historical look at music revenue, by format.

Key takeaways

– CDs were the dominant format throughout the late '90s and 2000s, but have since been replaced by streaming services.

– Ringtone sales had a moment in 2007, peaking at $11 billion. Interestingly, they still generated $11 million in 2022.

– Vinyl sales grew in 2022, and surveys reveal that millennial consumers are actually propelling the sales, not Gen X or Baby Boomers as one might expect.