Mariah Carey’s Holiday Hit “All I Want for Christmas Is You” Generates Millions in Annual Revenue

All I Want for Christmas Is You, Mariah Carey’s iconic 1994 holiday track, has become an essential part of the festive season, with radio stations and streaming platforms embracing its timeless charm. Alongside its cultural impact, the song continues to generate millions of dollars annually, keeping Carey at the top of the Christmas charts.

Record-Breaking Streams and Earnings

In 2022, the song’s earnings from downloads and streaming alone reached an estimated $2.7 to $3.3 million, according to Billboard. This figure excludes other revenue streams like holiday TV specials, underscoring the song’s profitability. Spotify recently announced that it had become the first Christmas song to surpass 2 billion global streams. Since 2016, it has claimed the top spot globally on Christmas Day each year.

In the U.S., its popularity continues to climb. Industry data from Luminate shows a dramatic rise in audio streams. And increased from 167 million in 2019 to 249 million in 2023—a 49% jump in just four years.

Behind the Wealth of Mariah Carey Hit: Complex Royalties

Over its 30-year history, the song has reportedly generated $103 million in global revenue, with Spotify alone contributing $9.8 million in royalties. However, Carey doesn’t pocket the full amount. Royalty payments are distributed among various contributors, including writers, producers, and record labels.

Despite this, Carey secures a significant share due to her multiple credits as the song’s performer, co-writer, and co-producer. Legal experts estimate that the track generates an average of $3.4 million annually. That reinforce its status as one of the most lucrative holiday hits.

From its unparalleled streaming success to its financial impact, All I Want for Christmas Is You is more than a holiday anthem—it’s a seasonal phenomenon that brings joy to listeners and substantial earnings to its creator.

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