IFPI report: subscription audio streaming revenue grew 10.3% to $12.7B in 2022, which ended with 589M paid subscribers; total streaming grew 11.5% YoY to $17.5B (Jem Aswad/Variety)

Jem Aswad / Variety:
IFPI report: subscription audio streaming revenue grew 10.3% to $12.7B in 2022, which ended with 589M paid subscribers; total streaming grew 11.5% YoY to $17.5B  —  Global recorded-music revenue growth slowed down dramatically in 2022 but still was up 9% according to the year-end report …