IFPI is expected to release the official global recorded music revenue results for 2024 this month, but in the meantime, the clever number crunchers at MIDiA Research have published their own estimates. And the headline stat from MIDiA’s new report: Global recorded music revenues rose 6.5% YoY to $36.2 billion. That marks a slowdown from 2023, when revenues rose 9.7% YoY, per MIDiA’s estimates.
Source: Global recorded music revenues rose 6.5% to $36.2bn in 2024, says MIDiA Research