Industry Aug 13, 2026
Global Recorded Music Revenue Projected to Soar
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
A new MiDiA report forecasts that global recorded music revenue will more than double by 2033. This growth is expected to be driven by vinyl sales, streaming revenue from social media, fitness, and gaming platforms, as well as an increased share for labels in areas such as branding, merchandise, and touring. The report estimates the total revenue could surpass $18 billion. Originally reported by Billboard.