Global music licensing revenue totaled $1.23 billion in 2016. That’s up 3.4% from $1.19 billion in 2015 and 9.8% from $1.12 billion in 2014, according to digital media analysis firm Midia Research.“The sync market is undergoing an existential moment in the same way recorded music did in the wake of file-sharing,” Midia analyst Zach Fuller said.
Source: Musicians turn to boutique licensing firms to get their songs in TV shows, movies and on streaming sites – LA Times
