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Music revenues rise again in 2024, boosted by streaming subscriptions, report showsRevenues for physical formats fell 3.1% to $4.8 billion after a strong 2023. While CD and music video revenues fell, vinyl marked its 18th consecutive year of growth, up 4.6%.
Total recorded music revenues climbed to $29.6 billion in 2024, a rise of 4.8% on the previous year, according to the International Federation of the Phonographic Industry’s (IFPI) Global Music ...
Latin music ... was again $1.4 billion in 2024. Streaming made up 98% of that total, marking a 6% increase from the previous year (when streaming accounted for $1.3 billion, a 17% rise over ...
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