As recorded music revenues hit $31.7B globally, IFPI CEO Victoria Oakley explains the opportunities – and the threats – ahead

The global music industry just crossed a symbolic threshold. Worldwide recorded music revenues reached USD $31.7 billion in 2025, surpassing $30 billion for the first time and marking the industry’s eleventh consecutive year of growth. That figure, revealed within the IFPI’s Global Music Report 2026, is more than double the industry’s nadir of $13.1 billion … Continued

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