Global music biz sees 10.2% growth in 2023

Global music biz sees 10.2% growth in 2023 – industry

By Agence France-Presse

Mar 23, 2024 12:11 am

PARIS: Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over how to maintain growth in the streaming era.

The biggest artist in the world was no surprise Taylor Swift, according to the annual report by International Federation of the Phonographic Industry (IFPI), which represents global record companies.

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