Vinyl sales; streaming revenue from social, fitness and gaming; and labels' share of areas like branding, merch and touring could top $18 billion, new report says.

Revenue

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By 2033, global recorded music revenues are expected to grow by 62.9% to $121.1 billion, from $74.3 billion in 2025, as expanded rights become the second-fastest growing source of revenue after streaming, according to a new report released by MIDiA on Thursday (Aug. 13).

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