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Oct 28, 2024 · Canada’s Music Market. According to the Global Music Report 2023 by the International Federation of the Phonographic Industry (IFPI) Canada has the eighth-largest music market in the world. In 2022, the music market grew by 8.12% and was valued at $834.23 million. Music consumption was also up with Canadians consuming 11.2% more music in 2022 ...
Mar 22, 2024 · Canada’s recorded music revenues are strong, according to a new report from IFPI. The IFPI's 2024 State of the Industry report takes a deep dive into the state of recorded music around the world, and ranks Canada eighth in terms of global music markets in 2023, maintaining the country's spot in the top ten. Canada's music market grew by 12.19 ...
Mar 22, 2022 · “Canada’s music market is a microcosm of this global music economy,” said Patrick Rogers, Chief Executive Officer of Music Canada. “Canada’s major record labels have invested in both resources and people – developing new state of the art infrastructure in Toronto and Montreal, and bolstering their growing teams with talented staff across Canada to help their artists create and ...
Mar 21, 2023 · Today, the IFPI released the Global Music Report 2023, a comprehensive annual review of the global recorded music market.In addition to revenue and listenership data, the report provides insight and analysis on important global trends and issues facing the music industry, including the rapid expansion of global music markets such as Sub-Saharan Africa, as well as the need for responsible ...
Mar 21, 2024 · Toronto, 21 March, 2024: Global recorded music revenues reached US$28.6 billion in 2023, an increase of 10.2% year-over-year and the ninth consecutive year of growth, according to the IFPI’s Global Music Report 2024. The report provides a comprehensive annual review of the global recorded music market and analyzes issues and trends facing the industry today. […]
Mar 21, 2024 · USA & Canada +7.4%. Representing the greatest share of global recorded music revenues (40.9%), there was a gain of 7.4% in 2023 in the USA and Canada. Revenues grew at a faster rate than in 2022 (+5.1%). Revenues from the USA, the world’s single largest recorded music market, rose by 7.2%. In Canada, another top 10 market, revenues jumped by ...
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Mar 21, 2024 · Combined, the U.S. and Canada region accounts for almost 41% of global recorded music revenues, reports IFPI, while Latin America — where streaming makes up 86% of the market — saw growth of ...