}. Record Industry in China . "Global Recorded Music Revenue from 1999 to 2019 (in Billion U.S. Corporate solution including all features. Full report can be found here. Chart. dollars)." Spotify has more than 100 million subscribers, and Apple Music boasts 56 million paid subscribers. Lastly, enhanced streaming earnings were naturally accompanied by a major boost in the total number of paid subscribers. This statistic is not included in your account. We need a brand new Platform owned and operated by the creative people and not the middle men! And so we continue with all the money going to the people who have nothing to do with making the music! Revenue increases were driven by the number of paid subscriptions exceeding 60 million for the first time. In 2015, less than 11 million Americans subscribed to premium music services, and though the figure has grown tremendously each year, the 29 percent hike from 2018 to 2019 was the single largest year-over-year increase yet in terms of absolute subscriber gains. Total revenues grew 18% to $5.4 billion at retail in the first half of 2019. Global music sales grew for the fourth consecutive year in 2018 with streaming now accounting for almost half of all label revenue, according to the International Federation of … ", MIDiA Research, Global recorded music revenue from 1999 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/272305/global-revenue-of-the-music-industry/ (last visited December 05, 2020), Global recorded music revenue from 1999 to 2019, Global revenue of the recorded music industry 1999-2019, Major & independent record labels market share worldwide 2017, by country, Canada: total music album unit sales 2013-2017, Canada: total music market revenue 2011-2018, Canada: music album sales 2013-2017, by format, Spotify's global weekly active user penetration 2018, Canada: physical music sales revenue 2011-2018, Canada: current versus catalogue CD music album sales 2016-2017, Canada: current vs. catalogue music album sales 2016-2017, Canada: digital music sales revenue 2015-2018, Digital Market Outlook: digital music revenue in Canada 2017-2025, by format, Canada: digital music track sales 2013-2020, Canada: current versus digital music album sales 2016-2017, Canada: top-selling digital albums H1 2020, Canada: top-selling digital music albums 2019, Canada: top-selling digital songs in H1 2019, Locations of music consumption in Canada 2016, by consumer type, Consumer music spending share in Canada 2015-2016, by type, Canada: usage of new technology for music discovery 2015, Share of Canadians using selected music sources 2016, Share of Canadians using selected devices for music 2015-2016, Share of time spent with music in Canada 2016, by type, Share of Canadians attending live music events 2017, by type, Share of time spent with music by Millennials in Canada 2018, by type, Share of time spent with music by teens in Canada 2018, by type, Canadian teens and Millennials streaming music playlists daily 2018, by type, Canadian teens and Millennials actions influenced by playlisting 2018, Canadian teens and Millennials finding music via social media 2018, Canadian teens and Millennials paying for streaming subscriptions 2018, Traditional music market revenue in Germany 2003-2020, Sales volume of music records in Germany 2001-2019, Sound carrier sales in the music industry in Germany 2009-2019, by segment, Physical and digital sales volume of singles in Germany 1999-2019, Forecast of music market revenue share in Germany 2022, Revenue share of music industry sales channels in Germany 2007-2019, Music market revenue in Germany 2003-2023, Revenue share of the music industry in Germany 2020, Overall music sales in the United States from 2008 to 2013, Digital music market revenue in Germany 2017-2019, by segment, Digital share of overall music sales in the United States 2004-2014, Revenue of music industry submarkets in Germany 2018 -2019, Number of available music records in Germany 2001-2019, Digital music - share of overall music sales in Germany 2004-2019, Music CD album sales in Germany 2001-2019, Distribution of royalties among SGAE members in 2018, by area, UK artists' share of U.S. music album sales 2008-2016, Most popular bands on YouTube in Finland 2020, by number of subscribers, Average overseas music tourism spending in the UK 2011-2014, Revenue of recorded music industry in India 2013-2018, Global recorded music revenue from 1999 to 2019 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, the growth of the global music industry revenue between 2016 and 2021. the revenue of vinyl record sales worldwide from 1997 to 2015. Out of all of the sub-industries, the record business is by far the fastest growing part of the market. Ariana Grande. Register in seconds and access exclusive features. Statista. Please authenticate by going to "My account" → "Administration". In total, the American music industry’s 2019 retail revenue was about $11.1 billion, up from $9.8 billion in 2018 and $8.8 billion in 2017. Digital now accounts for 63.3% of the industry’s global revenues. and over 1 Mio. It seems likely that vinyl will grow and CDs will falter in 2020 and beyond, though their relative performances are uncertain and will determine the trajectory of music’s physical earnings. Please create an employee account to be able to mark statistics as favorites. A Disaster.’, Finneas Claps Back Against Haters, Denies Parents Had Connections in the Music Industry, Anghami Says They’re Juggling Multiple Investment and Acquisition Offers, Taylor Swift Isn’t Just Re-Recording Her Old Songs — She’s Already Licensed the First Re-Recorded Track, Universal Music Group Is Now Building Content Studios — Starting In London and LA, What Is Trap Music? Music business revenues are breaking records according to the latest figures from industry body the PRS/MCPS, while Spotify has smashed through the … … 60% of Pro musicians have QUIT THE MUSIC BUSINESS! ARIA 2019 MUSIC INDUSTRY FIGURES SHOW 5.5% GROWTH. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Continued strong growth to more than 60 million paid subscriptions drove the U.S. music industry to its fourth consecutive year of double digit growth. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Recorded and digital music sales, performance rights, synchronisation, Music festival attendance in Canada in 2015 and 2016, Music sponsorship spending in North America 2010-2018. This growth took place despite another painful year for physical product. The annual analysis of recorded music’s total earnings indicated that U.S. recorded music revenue grew by an impressive 13 percent, from $9.8 billion in 2018 to $11.1 billion in 2019. In 2019, earnings from physical music and related products essentially stayed the same as in 2018, decreasing by .6 percent overall. Please contact us to get started with full access to dossiers, forecasts, studies and international data. facts. Incidentally, 2019 was the first year since 2006 to see digital-download earnings fall below one billion dollars. March 5, 2020. Europe’s share of the global recorded music market was 30.8% in 2019. That streaming income grew by 22.9% in 2019, including a 24.1% increase in paid subscriptions, which is now 42% of the total. The European music sector accounts for over 1 million jobs and € 25 bn in turnover. The number of jobs sustained by music tourism was 45,530 last year, a record high, with overall employment in the music industry also at an all-time high of 190,935. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed in the … }, eight  +   =  10 .hide-if-no-js { The industry … The ideal entry-level account for individual users. You only have access to basic statistics. The U.S. recorded music business generated $11.1 billion in revenue in 2019, according to the RIAA's annual year-end report, a 13% year-over-year increase from the $9.8 billion it reached in 2018. What amount of that pie went to the actual artists and writers? With growth this substantial (and with streaming platforms reporting extremely solid subscriber numbers), it appears that streaming is set to comprise an even larger share of industry profits in the coming years.
2020 music industry revenue 2019