IFPI Global Music Report 2025

Global recorded music revenues grew 4.8% in 2024 driven largely by growth in paid subscription streaming according to IFPI, the organisation that represents the recorded music industry worldwide. Figures released recently in IFPI’s Global Music Report show total revenues for 2024 were US$29.6 Bn. Subscription streaming was the key driver of growth, with an increase of 9.5% whilst users of subscription accounts grew 10.6% to 752 million globally. Recorded music revenue formats Streaming revenues exceeded US$20 Bn for the […]