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Recorded music market shares 2024

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Music subscriber market shares 2024: Slowdown? What slowdown?

Mark Mulligan

27 Mar 2025

Business Strategy Spotify YouTube

Record label streaming revenue growth slowed to 6% in 2024 but there was no such slowdown in subscriber growth. In our just published ‘ Music subscriber market shares Q4 2024 ’ report, we reveal that the 85 million net* new subscribers added in 2024 was only two million less than in 2023, result...

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Recorded music market shares 2024
Widening gaps

Mark Mulligan and Tatiana Cirisano

13 Mar 2025

Music revenue Streaming Spotify

After a buoyant 2023, recorded music revenue growth slowed again in 2024, the fourth year of alternating growth rates. It was a year of varied fortunes across both formats and labels, but perhaps most crucially of all, a growing divergence between label streaming growth and DSP growth.

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Music subscriber market shares Q4 2024
Full stream ahead

Mark Mulligan, Tatiana Cirisano, Mark Qi, Olivia Jones and Laura Fisher

27 Mar 2025

music subscriber market shares Business Strategy

Streaming market metrics are bifurcating. Label streaming revenues were up in 2024, indicating a much anticipated slow down in revenue growth. Yet, at the same time, music subscriber growth was nearly double that of label streaming revenues for 2024. As is so often the case, there are many factors at play.

Music subscriber market shares 2023: New momentum

Mark Mulligan

8 Feb 2024

music subscriber market shares Streaming market share Market share

With UMG leading the charge to reshape the music industry into a more label-friendly form, 2023 may, with hindsight, go down as the year before everything changed . Whatever lies ahead though, new models will take time to deliver benefits.

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Cover image for MIDiA Research 2025-2032 global music publishing forecasts

MIDiA Research 2025-2032 global music publishing forecasts
A changing market

Mark Mulligan

18 Aug 2025

Music creators Music creators Music publishing

Throughout the 2020s the music publishing market has outperformed that of the labels, though total revenues remain significantly smaller. The origins of this disparity lie in streaming royalty splits but publishers and CMOs have fought hard to increase their share and to start from a better position with the emerging formats that will shape tomorro...

Global Music Subscription Market Sees Growth, Led by Emerging Markets

Tsion Tadesse

8 Feb 2024

Music

[London - 8th February, 2024] - MIDiA Research, a leading research and insights firm, has unveiled its highly anticipated Music Subscriber Market Shares Q3 2023 report. This comprehensive analysis showcases the remarkable expansion of the global music subscription market, driven primarily by emergin...

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What will audiobook market growth look like?

Laura Fisher

24 Apr 2025

Spotify Audio Discovery

Key takeaways from this blog: Audiobooks are evolving into something far more than just a listening experience With its integration into the wellness sphere and innovations in immersive audio, the medium is carving out new paths MIDiA examines the evolution of audiobooks and the possibilities ahead ...

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Recorded music market 2024: $36.2 billion, up 6.5%

Mark Mulligan

13 Mar 2025

Music Recorded music Business Strategy

MIDiA has just released its annual recorded music market shares report. Clients can access the full report and the accompanying massive (!) data set here . For the rest of you, here are some highlights from the report.

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India market focus
A fandom and AI-forward online population

Hanna Kahlert

12 Jun 2025

YouTube Facebook Fandom

Online Indian consumers are expected to be early movers. They are high entertainment consumers, AI enthusiasts, and high spenders – especially on fandom. This report explores a population that is an early adopter, format-agnostic, mobile-first audience, with huge growth potential.

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Music subscriber market shares Q3 2023
New momentum

Mark Mulligan

30 Jan 2024

Business Strategy

This report presents MIDiA’s music subscriber market shares report and various MIDiA consumer surveys. All music subscriber data in this report refers to third quarters of each respective year. Numbers are always in millions, unless otherwise stated.

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Streaming strongholds
High-potential markets for global music players

Perry Gresham

11 Aug 2025

ARPU Labels Streaming

While the balance of music streamers continues to tip towards global south markets, their smaller ARPU rates limit their revenues. Meanwhile, periodic price-rises and the advent of supremium will reinforce the contributions from the West. This report highlights streaming strongholds, those markets which, underscored by high music engagement and his...

The ghost of the 2000s lingers over the catalogue acquisition market

Kriss Thakrar

23 Jun 2025

Product Strategy investment music catalogue

Sign up here for MIDiA’s Masterclass webinar on catalogue investment, this Thursday June 26, 2025, with Kriss Thakrar and Tatiana Cirisano. In the second quarter of 2025, a range of catalogue acquisition deals have broken the typical mould: Sony acquired Hipgnosis Songs Group from Recognition Musi...

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Calling all audio creators: Shape the future of the industry and get a chance to win $100!

Laura Fisher

27 Aug 2025

Audience Insight Audio survey

Take the MIDiA research 2025 Audio Creator survey and have your voice heard. MIDiA Research has long been known for its music creator surveys – and even its video creator surveys. But this year, for the first time ever, we’re turning the spotlight on audio creators with our brand-new 2025 Audio ...

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Chaos and uncertainty: Tariffs’ impact on gamers and the games market

Rhys Elliott

10 Apr 2025

Business Strategy Subscriptions Games

Tariff turmoil related to the US’ trade war is intensifying. Other countries have retaliated, and while Trump has eased tariffs in some countries, the situation is far from being resolved. The tariffs have major implications for the games market in the US.

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Q2 2024 music market metrics: bifurcation is here

Mark Mulligan

19 Sep 2024

Music streaming Streaming Bifurcation

There are so many music industry metrics and financial results flying around these days that it can be difficult to keep up with them all. Don’t worry, we’ve got you. MIDiA has just published the first edition of a brand-new report series: quarterly music metrics.

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UK media consumption Q4 2024
A mature market with niche growth prospects

Laura Fisher

23 Apr 2025

Streaming Streaming Music US

This report presents MIDiA consumer entertainment data across media, music, audio, and games. Key data and insights: Time spent and weekly active users (by format and platform)for streaming music, podcasts, social media, games consoles and more. All data refers to the UK only (n = 1,000) except for ‘all-country average’ referring to the weighte...

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Music catalogue market 2.0
Bringing yesterday’s hits into the business of tomorrow

Tatiana Cirisano and Olivia Jones

6 May 2025

BMG Round Hill Music T-pain

The music catalogue acquisition market bounced back from a slightly cooled 2023 with a new fever in 2024. What is being bought is changing, however, as investors look to diversify their portfolios and uncover new growth pockets in an increasingly crowded market.

What Acast's Q3 earnings signal about the global podcasting market

Rutger Rosenborg

13 Nov 2024

Audio Acast Podcasts

As one of the key players in podcast industry trends and podcast monetisation, what happens at Acast matters. The company’s financials provide insight into the global podcasting market, signalling to the broader industry the strength of podcast advertising.

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Why the AI boom will boost non-Western markets

Hanna Kahlert

22 Jul 2025

Cultural trends AI gen AI

AI is now intertwined with all the internet has to offer – be it generated memes, AI music, or (somewhat) helpful chatbots. Seemingly, no proposition can go free of generative embellishment. Yet as Gen AI proliferates, something is becoming increasingly clear: content written with AI assistance of...

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Brazil music market
Ready for prime time

Tatiana Cirisano and Leo Morel

19 Sep 2024

Business Strategy

Brazil’s large, youthful population has fully embraced streaming. It is now the country’s top consumption format and the source of 82% of its recorded music revenue. This is helping Brazilians’ strong connection to music reach across borders, with the Brazilian funk genre and artists like Anitta becoming global sensations.

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