IFPI Global Music Report 2023

Global recorded music revenues grew 9% in 2022 driven by growth in paid subscription streaming according to IFPI, the organisation that represents the recorded music industry worldwide. Figures released today in IFPI’s Global Music Report show total revenues for 2022 were US$26.2 Bn. Subscription audio streaming revenues increased by 10.3% to US$12.7 Bn and there were 589 million users of paid subscription accounts at the end of 2022.  Total streaming (including both paid subscription and advertising-supported) grew by […]