Global Music Industry Hits Record $29.6 Billion in 2024 Amid Streaming Surge, but AI Raises Concerns
The global music industry achieved a record-breaking $29.6 billion in revenues in 2024, driven by the continued dominance of streaming platforms. According to the latest figures from the International Federation of the Phonographic Industry (IFPI), streaming now accounts for 69% of global music revenues, totaling $20.4 billion. This marks the tenth consecutive year of growth […]
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