Music Publishing Revenue Set to Outpace Recorded-Music Growth Through 2030
New analysis from Omdia, published by TechTarget Inc., forecasts that global music publishing revenue will surpass $10 billion for the first time this year, with continued annual growth expected over the next five years. Revenue is projected to exceed $13 billion in 2029 and reach $14 billion in 2030. The report highlights that music publishing revenue growth will outpace that of recorded music, with publishing expected to grow by 3.7% in 2030 compared to 2.3% for recorded music. By 2030, publishing will account for 21% of the combined music revenue streams, up from 18.9% in 2024. Streaming remains the dominant source of income, and digital receipts are forecast to reach $8.67 billion by 2030, driven by services such as Spotify, Apple Music, and YouTube Music. The sector is expected to achieve a 5.4% compound annual growth rate overall, with digital revenues growing at 6.7% annually through 2030.
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