The post-pandemic revenue bump is settling and challenges, including the cost-of-living crisis and a Russo-Ukrainian war, continue to complicate the global economic climate. This report considers the impact of these factors, and others, in analysing the revenues of leading music companies across recorded music, publishing, live, and streaming for the first half of 2023. The report includes the MIDiA Research music industry earnings model, which is updated quarterly, giving music companies and investors the tools to understand how the revenue mix looks today and how it may shift in the coming years. Note: all revenue figures are shown in variable currency terms. 

Companies and brands mentioned in this report:ADA, Believe, BTS, Copyright Royalty Board, HYBE, NetEase Cloud Music, Pandora, Reservoir Media, Resevoir Publishing, Sony Music Group, Sony Music Publishing, Spotify, Tencent Music Entertainment, Tommy Boy Records, TuneCore, Universal Music Group, Universal Music Publishing, Warner Chappell, Warner Music Group, and Weverse