IFPI In The News

There were 589m paid streaming users in 2022, driving a 9% rise in global recorded music revenues to $26.2bn

Global recorded music body IFPI published its Global Music Report 2023 on Tuesday (March 21)

France is ‘struggling’ to reach the paid subscription levels of other major music markets. Is TikTok partly to blame?

SNEP report highlights slowdown in subscription streaming growth in key global territory

RIAA and over 30 other groups launch AI campaign to support human creativity

Signatories include the RIAA, the Recording Academy, SAG-AFTRA, SoundExchange and more

Global recorded music revenues reached $31.2bn in 2022, but YoY growth slowed ‘significantly’ (report)

Midia estimates highlight a slowdown in recorded music growth last year

Spotify approaches $40bn in all-time payouts to the music industry

Spotify says that 'nearly 70%' of every dollar it generates from music 'is paid back as royalties to rightsholders'.

Spotify rival Anghami sued by PopArabia, Reservoir over allegedly streaming unlicensed songs

Lawsuit was filed in December

From HYBE’s stake in SM Entertainment to Live Nation’s $9.6bn investment in artists… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

Bad Bunny’s Un Verano Sin Ti was the biggest album in the world in 2022

IFPI's Global Album Award for 2022