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Dan Runcie

@RuncieDan

Founder of Trapital: sharing insights on music and entertainment: https://t.co/IzGTRFRpBY

calendar_today25-03-2009 18:12:35

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IFPI Global Report says that annual recorded music revenue grew to $28.6B in 2023.

Thats great but it’s just one area of the business.

Other areas (est.):

• $23B - concerts
• $11.4B - songwriters CMOs
• $4.1B - publishers direct
• $3.5B - merch
• $1.8B - artist direct

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