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30+ Harmonious Music Industry Statistics [2023]: Worth, Data, and Revenue - Zippia
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More than 50 percent of people find new music while gaming
In fact, the Undertale soundtrack accounts for almost 950,000,000 streams on Spotify alone, and Minecraft‘s soundtrack has almost 800,000,000 streams.
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Apparently music companies/bands all around the world are looking forward to investing in curated content that is delivered through their own music streaming applications to ensure a high revenue share.
Soundcloud also stands in the row of the world’s leading music streaming website. The website earns total revenue of about $250 million and it has total online subscribers of around 100,000 which have turned to reach its net value of $1 billion.