Industry Aug 13, 2026
Global Recorded Music Retail Revenue to Top $121 Billion by 2033, MIDiA Report Says
In short
Vinyl sales; streaming revenue from social, fitness and gaming; and labels' share of areas like branding, merch and touring could top $18 billion, new report says.
Originally published by
Billboard
Global recorded music retail revenue is projected to surpass $121 billion by 2033, according to a new report. Growth is expected to be driven by vinyl sales, streaming revenue from platforms such as social media, fitness, and gaming, and increased label income from areas including branding, merchandise, and touring. These additional revenue streams could account for over $18 billion. Originally reported by Billboard.