In 2024, Warner Music Group reported that licensing agreements with Spotify accounted for 18 percent of its total revenue, consistent with the previous year. Similarly, the portion of revenue derived from Apple remained steady at 11 percent during this period.
Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2024
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Warner Music Group. (November 21, 2024). Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2024 [Graph]. In Statista. Retrieved January 18, 2025, from https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/?__sso_cookie_checker=failed
Warner Music Group. "Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2024." Chart. November 21, 2024. Statista. Accessed January 18, 2025. https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/?__sso_cookie_checker=failed
Warner Music Group. (2024). Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2024. Statista. Statista Inc.. Accessed: January 18, 2025. https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/?__sso_cookie_checker=failed
Warner Music Group. "Share of Warner Music Group's Total Revenue Represented by Apple and Spotify in Fiscal Years 2017 to 2024." Statista, Statista Inc., 21 Nov 2024, https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/?__sso_cookie_checker=failed
Warner Music Group, Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2024 Statista, https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/?__sso_cookie_checker=failed (last visited January 18, 2025)
Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2024 [Graph], Warner Music Group, November 21, 2024. [Online]. Available: https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/?__sso_cookie_checker=failed