In 2023, streaming accounted for 67.3 percent of total global recorded music revenue, of which 48.9 percent was attributed to subscription audio streams and 18.5 percent to ad-supported streams. Meanwhile, the physical music segment's contribution to the total figure of 28.6 billion U.S. dollars stood at 17.8 percent, and performance rights at 9.5 percent.
Share of recorded music industry revenues worldwide in 2023, by segment
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IFPI. (March 21, 2024). Share of recorded music industry revenues worldwide in 2023, by segment [Graph]. In Statista. Retrieved July 20, 2024, from https://www.statista.com/statistics/421012/global-music-industry-revenues-source-share/
IFPI. "Share of recorded music industry revenues worldwide in 2023, by segment." Chart. March 21, 2024. Statista. Accessed July 20, 2024. https://www.statista.com/statistics/421012/global-music-industry-revenues-source-share/
IFPI. (2024). Share of recorded music industry revenues worldwide in 2023, by segment. Statista. Statista Inc.. Accessed: July 20, 2024. https://www.statista.com/statistics/421012/global-music-industry-revenues-source-share/
IFPI. "Share of Recorded Music Industry Revenues Worldwide in 2023, by Segment." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/421012/global-music-industry-revenues-source-share/
IFPI, Share of recorded music industry revenues worldwide in 2023, by segment Statista, https://www.statista.com/statistics/421012/global-music-industry-revenues-source-share/ (last visited July 20, 2024)
Share of recorded music industry revenues worldwide in 2023, by segment [Graph], IFPI, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/421012/global-music-industry-revenues-source-share/