Global recorded music revenues hit $29.6bn in 2024, up 4.8% YoY; users of paid music subscriptions reach 752m
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by music data analytics firm Chartmetric.Yesterday, the RIAA‘s end-of-year music report for 2024 revealed a few gloomy stats about the US recorded music market. Things are looking a lot sunnier globally, however, according to a new report from IFPI, the organization that represents the recording industry worldwide.Figures released today (Ma...
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