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

Share