U.S. music publishing revenue rose to 7.3 billion dollars in 2025. The National Music Publishers’ Association highlighted losses from Spotify and Amazon subscription bundles at its annual meeting.
The National Music Publishers’ Association held its annual meeting on June 10 at Alice Tully Hall in New York. Chief legal officer Danielle Aguirre said bundles introduced in 2024 have caused nearly 500 million dollars in lost value for songwriters and publishers since then. Revenue grew from 7.04 billion dollars in 2024 and 6.2 billion dollars in 2023. Performance rights accounted for 52 percent of 2025 revenue, sync for 24 percent, mechanical for 19 percent and other sources for 5 percent. Aguirre noted a shift in royalty splits due to bundling and said the group will address the issue at the Copyright Royalty Board. The NMPA also announced licensing deals with AI companies Udio and KLAY.
