Will Page's report reveals that global music copyright revenues surged 11% to $45.5 billion in 2023, surpassing cinema copyright due to effects from the pandemic.
By collecting data from various music industry sources, Page’s report provides a comprehensive analysis of the diverse revenue streams within music copyright, highlighting significant growth.
North America continues to dominate, contributing nearly half of the global music copyright market value, which reflects the region's strong engagement with music consumption.
The report emphasizes the importance of accurate regional representation in industry surveys, criticizing existing data that overgeneralizes the listening public in music consumption.
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