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

Unsurprisingly, Spotify generated the most 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%