IFPI Global Music Report 2025: Paid streaming lifts the market but overall revenue growth slows
• Physical formats had a more challenging year, with revenues declining by 3.1% ($4.8bn). However, this was against a strong performance in 2023 when revenues soared by 14.5%. Vinyl revenues continued to grow in 2024, up 4.6%, which was the 18th consecutive year of growth.
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Global Recorded Music Industry Revenue Grew 4.8% in 2024 Amid U.S. Slowdown, Double-Digit Emerging-Market ExpansionsThe global recorded music industry generated $29.6 billion in 2024, up 4.8% YoY, amid slowing stateside growth as well as ...
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music ...
A year after the fall of Hipgnosis, and the music publishing industry is still closing massive catalog deals and expanding ...
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The IFPI calls on policymakers to help "amplify human creativity, not to replace it," while Universal Music is looking for ...
Goldman Sachs finds that people are willing to prioritize going to concerts, even when pinching pennies elsewhere.
Dennis Kooker is a veteran of these IFPI events, and he had plenty to say on behalf of the major – which has already taken ...
The global recorded music market reached $36.2 billion in 2024, growing 6.5%. However, streaming’s growth is slowing, and ...
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