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Newly released data from digital music service Spotify's Music Economics Report highlights trends in the economics of music streaming, with 2024 marking a two-decade pinnacle for ad-supported, on ...
Music streaming, through outlets like Spotify, Amazon Prime, and Apple Music accounted for 84% of the music industry’s revenue, and the vast majority of that came from paid subscription revenue.
Since the low point for the music industry of $13 billion in 2014, global recorded revenue has more than doubled to over $28 billion in 2023," the company said in a statement, citing IFPI data ...
Streaming revenue now accounts for 60 percent of total revenue as of 2024, making it "bigger than the entire recorded music industry revenues for each year between 2003 and 2020," trade body IFPI ...
The IFPI’s 2024 Global Music Report, released on Thursday, reveals a continued upward trajectory for the global recorded music industry, with revenues increasing by 10.2% in 2023 to reach $28.6 ...
Latin music revenue in the U.S. hit a record-breaking $1.4 billion in 2024, ... Music Industry Events Calendar; Pro Charts; ...
This confidence comes despite recent market volatility and increasing pressure from competitors like Apple Music and Amazon Music. What’s more, Spotify’s total revenue was up 15 per cent year ...
Chart-Topping Launch: MUSQ Global Music Industry ETF Makes its Debut on the New York Stock Exchange. ... Goldman Sachs predicts the industry's revenue will reach an impressive $53.2 billion by ...
Since the low point for the music industry of $13 billion in 2014, global recorded revenue has more than doubled to over $28 billion in 2023," the company said in a statement, citing IFPI data ...
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