"Global recorded music revenues, inclusive of expanded rights, grew to $18.3 billion in the first half of 2025, with streaming continuing to increase its share of revenues. Impressive yes, but MIDiA buffers enthusiasm by emphasizing that market growth is slowing: "H1 2025's 5.9% growth [was] slower than in the first halves of both 2023 and 2024. Significantly, growth not only slowed in percentage terms, the absolute amount of revenue added was also smaller." -MIDiA Research"
"Recorded music revenue slowed in the first half of 2025, compared to the previous year (H1 2024.) This measurement from MIDiA Research in its first mid-year recorded music model. (See this datum HERE.) Other measurement categories also grew; MIDiA calls out labels, publishers, DSPs, and live concert revenue. "Some areas of the music business are enjoying significantly stronger growth than others, namely music publishers and DSPs," MIDiA states."
Global recorded music revenues, inclusive of expanded rights, rose to $18.3 billion in the first half of 2025, while streaming continued to take a larger share of income. Overall growth slowed to 5.9%, a lower rate than the first halves of both 2023 and 2024, and the absolute amount of new revenue added was smaller. Multiple industry segments experienced growth, including record labels, music publishers, digital service providers (DSPs), and live concert revenue. Music publishers and DSPs showed notably stronger growth compared with other parts of the music business. The data come from a new mid-year recorded music model.
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