Global music collections hit $9.4bn after 5 straight years of growth

CISAC’s Global Collections Report 2019, published November 7, reveals that music collections have risen 26.8% over the last five years and accounted for 88% of total collections (alongside Audiovisual, Literary, Dramatic & Visual Arts collections) in 2018. In addition, music royalties from digital sources jumped 30% to €1.64bn ($1.81bn) last year.

Source: Global music collections hit €8.5bn after 5 straight years of growth

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