[UPDATED] CD Baby saw revenue from Spotify, Apple Music, and other streaming services increase 14% in 2020, bringing in over $125 million in streaming revenue for their artists last year.

Overall revenue paid to artists from all sources was up 26% over 2019.

Unsurprisingly, Spotify generated the most steaming revenue for CD Baby’s indie artists, but YouTube Music logged the biggest increase. For the last 5 years, YouTube Music revenue has doubled year-over-year for CD Baby artists, but 2020 saw 111% growth in revenue.

CD Baby 2020 Streaming Revenue Report: Key Takeaways

Key Takeaways: 2019 – 2020

Total CD Baby streaming revenue increased by 13.87% in 2020.
Biggest growth: YouTube Music skyrocketed with 111% growth in streaming revenue.
Consistent Top Earner: In 2019 and 2020, Spotify was 40% of the total streaming revenue.

Total DSP Revenue Earnings – 2020: 125,371,664.03
Top Revenue Earners by Platform:
Spotify: $50,200,577.76 = 40% Total Revenue
Apple Music: $23,153,143.28 = 18% Total Revenue
Amazon: $14,706,376.82 = 12% Total Revenue
YouTube Music: $10,508,529.71 = 8% Total Revenue
iTunes: $8,951,241.28 = 7% Total Revenue
Pandora: $8,372,263.17 = 7% Total Revenue

Total DSP Revenue Earnings – 2019: 110,094,205.38
Top Revenue Earners by Platform:
Spotify: $43,863,754.82 = 40% Total Revenue
Apple Music: $19,441,940.65 = 18% Total Revenue
Amazon: $11,048,354.39 = 10% Total Revenue
iTunes: $10,933,219.36 = 10% Total Revenue
Pandora: $9,180,793.07 = 8% Total Revenue
YouTube Music: $4,985,331.36 = 5% Total Revenue

Top Year-Over-Year Growth by Platform:
YouTube Music: +110.79%
Amazon: +33.11%
Apple Music: +19.09%
Spotify: +14.45%
Pandora: -8.81%
iTunes: -18.19%