Top 10 global digital music markets
Fantastic news for the digital music industry! Global recorded music continues growing thanks to the widespread adoption of streaming services.
Recorded music generated an impressive $26.2 billion last year, with subscription streaming emerging as the top driver.
This upward trend in revenue occurred in every region worldwide, empowering not only already consolidated music markets like the United States and Japan but also emerging industries like Brazil and China.
What is the best region to distribute music right now? Read our global overview to discover:
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The Top 10 music markets in the world.
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Music revenues by segment and format.
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Music streaming: Drivers, opportunities, and forecast.
PODCASTS
MICB podcast: How to turn lyrics into revenues
A new episode of SonoSuite’s very own podcast, Music Industry Coffee Break, is live!
In this episode, SonoSuite’s Co-founder, Maarten Van Wijck, and LyricFind’s CEO, Darryl Ballantyne, delve into the crucial role of lyric licensing in the digital music industry.
Prepare yourself a cup of coffee and…
> Listen to the podcast now!
DSPS
YouTube Shorts starts the new music video revolution
YouTube Shorts is redefining the way artists are earning fans and views.
The Google-owned video-sharing platform recently revealed that artists creating Shorts are doubling their subscribers thanks to the app.
Read our article to discover how to use YouTube Shorts as a music business.
> Read our YouTube Shorts guide
Follow the tempo,
The SonoSuite team