In 2023, Warner Music Group reported that 18 percent of its total revenues were attributed to its licensing agreements with Spotify, an increase from the previous year. Also, Warner Music's share of revenue represented by Apple remained constant in the same period, amounting to 11 percent.
Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2023
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Apple
Spotify
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Warner Music Group. (September 30, 2023). Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2023 [Graph]. In Statista. Retrieved July 13, 2024, from https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/
Warner Music Group. "Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2023." Chart. September 30, 2023. Statista. Accessed July 13, 2024. https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/
Warner Music Group. (2023). Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2023. Statista. Statista Inc.. Accessed: July 13, 2024. https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/
Warner Music Group. "Share of Warner Music Group's Total Revenue Represented by Apple and Spotify in Fiscal Years 2017 to 2023." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/
Warner Music Group, Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2023 Statista, https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/ (last visited July 13, 2024)
Share of Warner Music Group's total revenue represented by Apple and Spotify in fiscal years 2017 to 2023 [Graph], Warner Music Group, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/1096717/warner-music-group-revenue-apple-spotify-share/
