Industry Jun 10, 2026
NMPA: Spotify/Amazon Bundling Cost $500M
At its annual meeting, the NMPA also reported that, even with this lost value, U.S. publishing revenue has grown every year since 2014, equaling $7.3 billion in 2025.
Originally published by
Billboard
The National Music Publishers Association (NMPA) reported that bundling by Spotify and Amazon has resulted in nearly $500 million in lost value since 2024. Despite this figure, the NMPA's annual meeting also highlighted that U.S. publishing revenue has seen consistent annual growth since 2014, reaching $7.3 billion in 2025. Originally reported by Billboard.