music industry revenue 2018

The industry’s global paid streaming revenue haul was up 24.1% year-on-year, says IFPI – suggesting that it grew from approximately $6.83bn in 2018 to $8.48bn in 2019. Revenue from CD sales, conversely, saw a 37% decrease on the previous year, continuing a sharp decline. Streaming revenue in 2018 grew by 34.0% and accounted for almost half (47%) of global revenue, driven by a 32.9% increase in paid subscription streaming. Talk to Sam +44 207 193 2091. 0000003996 00000 n The Recording Industry Association of America® (RIAA) is the trade organization that supports and promotes the creative and financial vitality of the major music companies. Total music industry revenue for 2018 was at … 0000001983 00000 n Last 3 Years (8) Last 2 Years (6) Last Year (5) All regions. Download … 0000011449 00000 n The numbers kept growing in the following years, reaching $7.02 billion in 2014 and continued to … As the study points out, DIY artists who release music through … Infographic by Statista (CC BY ND) Digital and streaming formats 0000056391 00000 n Now, the BVMI has released its full-year 2018 recorded music revenue report. There was enough growth in the big mature streaming markets – the US especially – to ensure that streaming continued to plot a strong course in 2018. 0000027129 00000 n MUSIC INDUSTRY REVENUE REPORT In 2018, revenues from recorded music in the United States grew 12% to $9.8 billion at estimated retail value. 0000008153 00000 n 0000009741 00000 n Don’t Be Surprised If Your Favorite Artist Signs To Coca-Cola. Over $2.87 billion is how much total revenue was brought in by Sony Music in the first nine months of 2018, thanks to artists like Travis Scott, according to Music Business Worldwide. This contrasts with the $14.6 billion in revenue that was received in 1999 by the U.S. music industry from the sale of CDs. 0001013812 00000 n Engagement with streaming drives growth of the global music market . Published 10 April 2018. comments Comments. !��YXxo^>A�n&��æ��3Ը'r2H(h��u(AhXZZzE�� m K��et4�\�wd=�H[�X�.�� '0�c`6`pg` :�!��3�#@1�� 0000005561 00000 n 40 Years of Music Industry Sales. Monitor the impact on your business. 0000027051 00000 n 0000011893 00000 n Global recorded-music revenues grew by 9.7% in 2018, according to industry body the IFPI. Industry Outlook Nouveau ... En 2018, le montant des revenus de cette industrie s'élevait à 18,9 milliards de dollars. Ariana Grande. 0000053921 00000 n Global Recorded Music Industry Revenues 2001-2018 (US$ Billions) Global Recorded Music Revenues by Segment 2018 Top Ten Music Markets 2018 ↑9.7% global recorded music market growth 58.9% digital music share of global revenue 255m users of paid subscription accounts Figures released today in IFPI’s Global Music Report 2018 show total revenues for 2017 were US$17.3 billion. 0000040790 00000 n 0000012916 00000 n U.S. Music Industry Revenues by Source, 2017 Source: RIAA, Citigroup, PwC, MIDiA Research . h�bb�``b``Ń3� ��ţ�1�x4>H� Q � endstream endobj 646 0 obj <>/Metadata 79 0 R/Pages 78 0 R/StructTreeRoot 81 0 R/Type/Catalog/ViewerPreferences<>>> endobj 647 0 obj >/PageWidthList<0 612.0>>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 648 0 obj <> endobj 649 0 obj <>stream 0000013406 00000 n N%��Sɩ�Tr*8�l Last year was also the third consecutive year of two-digit growth in revenue in the sector, thanks to streaming subscriptions. Streaming music revenues, in … Streaming revenue up to $9.6 billion: The 41% growth rate of 2017 may be gone, replaced by 29%, but the absolute amount of new revenue generated was, as with the recorded music total, the same as 2017 $2.2 billion. 0000010544 00000 n Though the … The Federal Association of Music Industry (BVMI) announced that the German music industry made a total of 1.582 billion euros in recorded music revenue in 2018. The industry’s global paid streaming revenue haul was up 24.1% year-on-year, says IFPI – suggesting that it grew from approximately $6.83bn in 2018 to $8.48bn in 2019. Source: IFPI Global Market Report 2018. Streaming now comprises 75% of total industry revenues. The turmoil in the recorded-music industry in the 2000s altered the historically anomalous twentieth-century balance between artists, record companies, promoters, retail music … 0001063518 00000 n Millions of tourists flocked to the UK for concerts and festivals, boosting revenue by ten per cent – from £991 million in 2017 to £1.1 billion last year. 6%��͘�!��e�2z��^/��˘�!��z~�9r0�`��9s0��G�ll�ll�ll�ll�ll�ll��q�1qz��̵�y�㶎�:g��~��8�X�;�#� �\�} endstream endobj 650 0 obj <> endobj 651 0 obj <> endobj 652 0 obj <> endobj 653 0 obj <> endobj 654 0 obj [/Indexed/DeviceRGB 14 689 0 R] endobj 655 0 obj [/Indexed/DeviceRGB 255 680 0 R] endobj 656 0 obj [/Indexed/DeviceRGB 115 687 0 R] endobj 657 0 obj [/Indexed/DeviceRGB 19 688 0 R] endobj 658 0 obj <>stream Global Recorded Music Industry Revenues 2001-2018 (US$ Billions) Global Recorded Music Revenues by Segment 2018 Top Ten Music Markets 2018 ↑9.7% global recorded music market growth 58.9% digital music share of global revenue 255m users of paid subscription accounts Physical Digital (excluding streaming) Streaming Performance rights Synchronisation revenues … Streaming revenue up to $9.6 billion: The 41% growth rate of 2017 may be gone, replaced by 29%, but the absolute amount of new revenue generated was, as with the recorded music total, the same as 2017 $2.2 billion. Streaming is King . 0000053203 00000 n Total revenue last year was $9.8 billion. 0000004578 00000 n The U.S. music market seems to be utterly reliant on streaming as the music consumption medium. Though the … Industry Data. More on the 2018 numbers from RIAA Chairman & CEO Mitch Glazier here. 0000052134 00000 n ... grow and major label groups saw revenues climb to 15-year highs. Live music ticket sales revenue will grow from $7.2 billion U.S. dollars in 2015 to $9.1 billion in 2021, ... has expanded access to what amounts to a new music industry. Last year marked the third consecutive year of … The headline figure is $19.1bn: that’s the total revenue for recorded music last year, up from … From 2018 onwards streaming growth will lessen each year, falling from 29% in… The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). Revenue from streaming platforms grew 30 percent year over year and hit $7.4 billion. 0000043748 00000 n Music industry revenue growth back at Britpop levels, BPI says. Big rises in recorded music and publishing revenues help fuel export growth; Music industry jobs … 0001076831 00000 n That growth is primarily powered by the rise of streaming services. Total music industry revenue for 2018 was at $9.8 billion, up from $8.8 billion in … As record labels go the way of the CD, … Finally, Vivendi, Universal Music Group’s (UMG) parent company, revealed the label generated $1.44 billion in streaming revenue for the first half of 2018. The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by … 0000051616 00000 n The IFPI releases it’s official Global Music Report, and streaming is king. Read the ‘State of the Industry’ report here The global recorded music market grew by 8.1% in 2017, its third consecutive year of growth since IFPI began tracking the market in 1997. Vinyl continues to be a bright spot for the physical market, up 8% to $419 million, the highest revenue level since 1988. The U.S. has … H��W�n�H}�W��0��ً� N�ލ3K�� ,(��8#� 2017 was the last year of strong streaming revenue growth. Media and Entertainment; Music; Publication dates. Total revenues of the music industry are estimated at $7 billion, generated by 3 main sub-industries: live, recording and publishing. Total revenues of the music industry are estimated at $7 billion, generated by 3 main sub-industries: live, recording and publishing. 0000052339 00000 n The music industry contributed £5.2 billion to the UK economy in 2018, with the live music sector hitting a record-high of £1.1 billion. 0001002968 00000 n 0000031883 00000 n That’s $158 million (5.8%) more over the same period one year earlier. MIDiA has just published its global music forecasts, with revenue and user numbers projected out to 2026 (a list of data items and countries covered are listed at the bottom of this post). �K��b7�rvsuq�p̣Έ=R{��>�|yqc�}%\��ˏo�?��\.~�5��E�!0��P�㺾�_��>��/n>ۋ��/?�^��z��P�L&��ꔞF�{( ��,^f�EC��M�}�?��e(|�%u��2`��S(. This morning the International Federation of the Phonographic Industry (IFPI) released their global music report for 2018 and some very good news for the music industry as a whole. So, adopting a more precise definition, the industry's revenue can be estimated by summarizing the cash flows of the following core businesses: Recording industry: The recording industry is growing, and revenue is up 16,5% in 2017, adding up to $8,8 billion in retail value. The numbers for 2018 show that the industry is continuing on the growth path that started in … 0000005462 00000 n Figures released today in IFPI’s Global Music Report 2019 show total revenues for 2018 were US$19.1 billion. 0000010460 00000 n The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year. > Music Industry 2021 - China Market Research & Statistics; Music Industry 2021 - China Market Research & Statistics . in Music Industry News by Bobby Owsinski | 1 comments; Indie DIY Artists Are 2.7% Of The Music Market . The infographic below outlines 2018 US music industry revenue by category. 0000005249 00000 n Total revenue from recorded music in the retail sector hit $9.8 billion over the course of the 12 months of 2018, a 12% increase on 2017's figures. 0000012443 00000 n Global growth by region. This is 0.4 percent less than in 2017. Streaming music has generated growth for Finnish recording-industry businesses, while revenue models based on copyrights and direct agreements between actors have been gaining importance on … 0000008689 00000 n 8-tracks took a short-lived run at the dominance of vinyl, cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue continue to climb. All. We can therefore use this number to estimate that the average music streaming subscriber in 2018 ($6.83bn / 255m subs) was paying $26.78 a year, or $2.23 per month. 0000002334 00000 n 0001000236 00000 n The record industry has seen a lot of change over the years. 0000009229 00000 n 0000009853 00000 n 0000051735 00000 n Music Finland's latest study, Financial Survey of the Music Industry in 2018, shows that the total value of the domestic music industry and Finnish music exports continues to grow. Cory Doctorow 3:58 pm Wed Aug 8, 2018 . The recorded music industry was worth $19.1 billion in 2018, which was almost a double-digit gain (9.7%) from the year prior, when the global business only rose by 7.4%. The growth has been driven by streaming, with revenue increasing 28.4 percent in the sector from 2017. Musicians in the US received just 12% of the revenues their music generated in 2017, according to a report, though that figure is an improvement on the 7% they received in 2000. 0000005133 00000 n In particular, music streaming service revenues were up $300.1 million (26%) year-on-year to $1.46 billion during … The RIAA released its semiannual compilation of recorded music revenues this week. 645 63 Get Reports. Copyright © 2021 RIAA All Rights Reserved. Structure of the Japanese Music Industry. 0000036830 00000 n 0000052244 00000 n Rap Is Leading the Music Industry’s Resurgence ... is the top-selling album of 2018 so far. According to data (published at Statista.com) on the revenues of the live music industry in the U.S., live music tickets sales generated $6.78 billion in 2012 — since then, the numbers have continued only to grow.In 2013, sales of live music tickets amounted to $6.88 billion. 0000026808 00000 n 645 0 obj <> endobj xref 0000003521 00000 n The latest BuzzAngle report states that it accounts for as much as 85% of all recording revenues, while the global average is at around 38%. 0000008334 00000 n 0000014493 00000 n 0000032702 00000 n 0000005512 00000 n Asia; China; 29 reports. The record industry has seen a lot of change over the years. Revenues from recorded music in the retail sector reached $9.8 billion in 2018, which marks a 12% increase from 2017. 0001089339 00000 n Finally, Vivendi, Universal Music Group’s (UMG) parent company, revealed the label generated $1.44 billion in streaming revenue for the first half … Its members comprise the most vibrant record industry in the world, investing in great artists to help them reach their potential and connect to their fans. I��Ֆ�)^��S�>u��X� ��H&w��w��P$��o��_~y�� ~�۩G��>\��Y]|8�#�6�|�\^�g��(3�>D�Βlv;��iژ�4y��w��F_�#�_�Kw�� >��b�C 0000010954 00000 n For the third year in a row, double-digit growth was driven primarily by increased revenues from paid subscription services including Spotify, Apple Music, Tidal, Amazon and others, which reached more 0001042930 00000 n The global recorded music market grew by 9.7% in 2018, the fourth consecutive year of growth. 0000001556 00000 n The RIAA reports that 2018 saw a record 75% of the US music industry’s revenue come from streaming services like Spotify, Apple Music, etc. According to data (published at Statista.com) on the revenues of the live music industry in the U.S., live music tickets sales generated $6.78 billion in 2012 — since then, the numbers have continued only to grow.In 2013, sales of live music tickets amounted to $6.88 billion. 0001028498 00000 n Click on the map for the growth figures in each region. Depending on how you look at it, new figures from Midea Research examining the total revenue for recorded music last year are either good news or bad news for indie DIY artists. The number of jobs sustained by music tourism was 45,530 last year, a record high, with overall employment in the music industry also at an all-time high of 190,935. trailer <<67ABA26622CF480588BFA8732B830F0B>]/Prev 1440006/XRefStm 1983>> startxref 0 %%EOF 707 0 obj <>stream In addition to the industry’s direct economic contribution, music tourism alone contributed £4.7 billion in terms of spending to the UK economy in 2019 - up 6% from £4.5 billion in 2018. Share. En 2017, l'industrie de la musique au format numérique a généré plus de 280 millions d'euros en France. 0000053497 00000 n RIAA Releases 2018 Year-End Music Industry Revenue Report Fueled by tremendous creative output by groundbreaking artists and now more than 50 million paid subscriptions, the U.S. music industry experienced its third year of consecutive … 0000008450 00000 n The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). Industries. 40 Years of Music Industry Sales. RIAA members create, manufacture, or distribute sound recordings representing approximately 85% of all legitimate recorded music consumption in the United States. 0001086746 00000 n 12% of music industry revenues go to musicians. H�\�͊�@��z�9��u��;>�8y Y;�X�|��gJe6!Y5��S1�t��~q�ylaq�~��pos�1��!��X��4��%\��iL�ʥ��u��iӍ��_�.��pvO?��g�n��;\°��յ��)6��L_�Kp�Z��~��_b��7~ܧ��u��p��6��pI�ūv�{��$��V��xj5sR��Yf�:��u��Ȩ3h�h�V�-�z�O-��Gԏ��*ٳD�2�Ρ��^%�J�6�W�W�7j0��M��RR��/�/��^�=4}�B_��WV_� �A�� a��9rP��Aɩ�Tr*8�� b1H|`�� u�q/��E�z"< ��j�l� �� c�� Y�٘��.� g峐 ��?h�3O�0fe�`|�)��FF1F��0�n`�A*�ۀ4��Z�h �跥�0 �m �R� endstream endobj 706 0 obj <>/Filter/FlateDecode/Index[81 564]/Length 42/Size 645/Type/XRef/W[1 1 1]>>stream Revenue from streaming platforms grew 30 percent year over year and hit $7.4 billion. 0000005412 00000 n Share page. April 20, 2018 . close. Music sales came from all available formats which are streaming, CD, digital downloads, and vinyl. 0000005363 00000 n Over 90% of all live and recording revenues come from domestic acts, while publishing is considered the most foreigner-friendly part of the industry with 20-25% of revenues generated by international artists. Streaming revenue grew by 34.0% and accounted for almost half (47%) of global revenue, driven by a 32.9% increase in paid subscription streaming. The Recording Industry Association of America (RIAA) has released music industry revenue statistics for the first half of 2018 in the US, and on average, revenue … There was enough growth in the big mature streaming markets – the US especially – to ensure that streaming continued to plot a strong course in 2018. Its annual Global Music Report, which is published today, reveals that strong growth in streaming revenues more than made up for the continued decline in sales of CDs and music downloads.. 0000014967 00000 n h�b``�f``/f`c`�� "@1v��V```�u`�W�@nO��A��I According to a new industry report, global recorded music revenues jumped 9.7 percent in 2018 to reach $19.1 billion — up from $17.4 billion in 2017. 0000005037 00000 n Copy link . 01/11/18: UK Music have today revealed our 2018 Measuring Music report, revealing that UK music industry exports rose by 7% to a record £2.6 billion last year. 0000999871 00000 n 0000053843 00000 n Unlike other markets, music revenue actually fell in Germany. 8-tracks took a short-lived run at the dominance of vinyl, cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue continue to climb. Customer Support. In 2018, preliminary estimates suggested that the total revenue of the global music industry amounted to 53.77 billion U.S. dollars, up from just under 51 billion a year earlier. This is a bar chart race based on data provided by IRAA for music industry shipped / collected revenue by year. The U.S. music industry grew 11.9 percent to $9.846 billion in 2018 from the $8.797 billion tallied in 2017, thanks to continuing explosive growth from … Fueled by tremendous creative output by groundbreaking artists and now more than 50 million paid subscriptions, the U.S. music industry experienced its third year of consecutive growth in 2018 with retail revenues up 12% to $9.8 billion. 0000002175 00000 n 0000000016 00000 n %PDF-1.4 %�� We can therefore use this number to estimate that the average music streaming subscriber in 2018 ($6.83bn / 255m subs) was paying $26.78 a year, or $2.23 per month. About sharing. The total export revenue of the music industry was £2.9bn, up from £2.7bn in the previous year. 0000013983 00000 n 0000047567 00000 n