21/03/2025
IFPI's 2025 Global Music Report is out:
🌍 Global recorded music revenues grew by 4.8% in 2024, reaching $29.6B — marking the 10th consecutive year of growth.
📈Every region saw growth — with Sub-Saharan Africa, MENA and Latin America leading the way.
🎧 Streaming remains the dominant force, with 752M paid subscriptions worldwide.
At Broma16, we celebrate this upward trend — and we’re here to make sure you monetize your music rights fully, leaving no revenues behind.
In a fast-evolving, AI-disrupted music world, precise tracking and proactive royalty collection will matter more than ever.
~ Paid subscription streaming key revenue driver; all regions deliver growth~ ~ Music companies embrace AI’s opportunities~ 19th March 2025 – Global recorded music revenues have grown for the tenth consecutive year, according to IFPI, the organisation that represents the recording industry world...