Worldwide recorded music revenues grew 10.2% in 2023, according to the Global Music Report from the IFPI. Streaming accounts for 67.3% of total revenues, according to IFPI maths, though the industry still needs to get more value out of free streaming, labels reps say…
Headline stats for UK, France, Germany and Spain have been released in advance of IFPIâs Global Music Report - but theyâre not as straightforward as they might seem. You can look at two sets of numbers that appear to represent the same thing, but are actually completely different.…
Nine stream manipulation websites have gone offline in Canada as a result of action prompted by a formal complaint from the countryâs record industry to the Canadian Competition Bureau. Music Canada says this development sets an âimportant regulatory precedent that can be followed in other marketsâ…
Music retail revenues are now higher than their 2001 peak (just don't adjust for inflation), and the brewing legal battle between Kanye West and the Donna Summer estate…
You know whoâs popular? Taylor Swift. The IFPI confirmed it this week with its annual Global Recording Artist Of The Year list. Ed Sheeranâs dropped out of the top ten though, as have BTS, although only one of them has a decent excuse. This and a selection of this weekâs funniest music news awaits⌅
The music industry welcomes the final draft of the EU AI Act but sees plans for the UK to develop an AI code of conduct collapse, and allegations that the BBC is going head to head with its commercial rivals by launching new decade and genre specific music radio stations…
Music consumption is at an all time high according to the latest âEngaging With Musicâ report from the IFPI - although 29% of those who participated in the research still access music from unlicensed services, with stream-ripping platforms the most used piracy services…
German song rights society GEMA and global record industry trade group IFPI have both welcomed the outcome of last weekâs negotiations around the EU AI Act, with key transparency obligations remaining in the latest draft…
A ruling in the Norwegian Supreme Court over who owns the rights in recordings made by online collaborators working in different countries should, says one of the collaborators involve in the case, âworry any artist that is working with Norwegian labels and musiciansâ…
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