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Asia-Focus . Media . Industry Publication

May 1, 2025

music business

IFPI Report: Global Recorded Music Revenues Grew by 4.8% in 2024

Original press release Global recorded music revenues have grown for the tenth consecutive year, according to IFPI, the organisation that represents the recording industry worldwide. Figures released today in IFPI’s Global Music Report 2025 reveal that total trade revenues reached US$29.6 billion in 2024, up by 4.8%. Working within a highly competitive market, record companies’ long term investment into the…

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