$29.6bn
Global recorded-music trade revenue in 2024, up 4.8% year over year.
IFPI Global Music Report 2025, published March 2025.MUSIC INDUSTRY REFERENCE
READ THIS FIRST
Recorded-music revenue and creator royalty collections measure different things. We keep them separate here: IFPI tracks recorded-music trade revenue, while CISAC reports collections through its member societies. The figures are useful side by side, but they are not interchangeable.
EXPLORE RIGHTS & LICENSINGRECORDED MUSIC
$29.6bn
Global recorded-music trade revenue in 2024, up 4.8% year over year.
IFPI Global Music Report 2025, published March 2025.$20.4bn
Streaming revenue in 2024, representing 69.0% of global recorded-music revenue.
IFPI Global Music Report 2025, published March 2025.752m
Global paid subscription accounts in 2024, up 10.6% from the prior year.
IFPI Global Music Report 2025, published March 2025.+4.6%
Growth in vinyl revenue in 2024, its 18th consecutive year of growth.
IFPI Global Music Report 2025, published March 2025.CREATOR COLLECTIONS
€13.97bn
Creator royalties collected worldwide across all CISAC repertoires in 2024, up 6.6%.
CISAC Global Collections Report 2025, published November 2025.€12.59bn
Music collections in 2024, up 7.2% and representing 90% of the collections reported by CISAC.
CISAC Global Collections Report 2025, published November 2025.€5.1bn
Digital creator collections across all repertoires in 2024, up 11.2%.
CISAC Global Collections Report 2025, published November 2025.+9.6%
Growth in live and background creator collections in 2024, reaching more than €3.5bn.
CISAC Global Collections Report 2025, published November 2025.LICENSING CONTEXT
In the United States, the Copyright Office identifies statutory licenses that cover, among other things, making and distributing phonorecords of nondramatic musical works. That is one part of a broader rights picture, which can also involve negotiated permissions, performance rights, and the distinct rights in a composition and a recording.
READ THE COPYRIGHT OFFICE OVERVIEWMETHOD & SOURCES
This page uses primary industry and government sources. Every figure links to the release that states it. Monetary amounts are retained in each source’s original currency and are not converted or combined.
TheoLogic Music Publishing, LLC. “Music Industry Statistics.” Updated October 9, 2026. https://theologic.studio/music-industry-statistics
FOR THE WORK THAT LASTS