In fiscal year 2020, the revenue generated from music rights of Indian films was around four billion Indian rupees. This was estimated to go up to over five billion rupees by the end of fiscal year 2024. Even though the Indian music industry is big in itself, almost 80 percent of its revenue comes from Bollywood music, followed by Indi-pop genre.
Film revenue from music use and distribution rights across India from financial year 2015 to 2020, with estimates until 2024 billion Indian rupees)
One Indian rupee is approximately equal to 0.014 U.S. dollars and 0.011 euros (as of February 2020).
India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.
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KPMG. (September 30, 2020). Film revenue from music use and distribution rights across India from financial year 2015 to 2020, with estimates until 2024 billion Indian rupees) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1061922/film-revenue-from-music-rights-india/
KPMG. "Film revenue from music use and distribution rights across India from financial year 2015 to 2020, with estimates until 2024 billion Indian rupees)." Chart. September 30, 2020. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1061922/film-revenue-from-music-rights-india/
KPMG. (2020). Film revenue from music use and distribution rights across India from financial year 2015 to 2020, with estimates until 2024 billion Indian rupees). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1061922/film-revenue-from-music-rights-india/
KPMG. "Film Revenue from Music Use and Distribution Rights across India from Financial Year 2015 to 2020, with Estimates until 2024 Billion Indian Rupees)." Statista, Statista Inc., 30 Sep 2020, https://www.statista.com/statistics/1061922/film-revenue-from-music-rights-india/
KPMG, Film revenue from music use and distribution rights across India from financial year 2015 to 2020, with estimates until 2024 billion Indian rupees) Statista, https://www.statista.com/statistics/1061922/film-revenue-from-music-rights-india/ (last visited October 10, 2024)
Film revenue from music use and distribution rights across India from financial year 2015 to 2020, with estimates until 2024 billion Indian rupees) [Graph], KPMG, September 30, 2020. [Online]. Available: https://www.statista.com/statistics/1061922/film-revenue-from-music-rights-india/
