IFPI, the London-based association of global record labels, has released its top-line growth figures covering 2025 – and the news is encouraging.
According to the International Federation of the Phonographic Industry, global recorded music revenues grew 6.4 percent last year to $31.7 billion, the 11th straight year of growth in the sector. Revenues for the year prior were $29.6 billion.
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Paid streaming was responsible for the bulk of that cash, generating 52.4 percent, or $16.6 billion, of the total, from 837 million users. Total streaming revenues, those that include both paid and advertising, accounted for 69.6 percent of global recorded music revenue,
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