Music industry revenue distribution worldwide 2023, by source
In 2023, streaming accounted for 67.3 percent of total global recorded music revenue, of which 48.9 percent was attributed to subscription audio streams and 18.5 percent to ad-supported streams. Meanwhile, the physical music segment's contribution to the total figure of 28.6 billion U.S. dollars stood at 17.8 percent, and performance rights at 9.5 percent.