RESOLVING THE LEDGER
RESOLVING THE LEDGER
Only one outlet has reported this event so far — you're reading it below, credited to its source. AIPROPX is tracking the web for more coverage; as additional outlets confirm it, this becomes a full multi-source story automatically.
By AIPROPX Editorial Desk · Published · Updated
One outlet is reporting this so far. AIPROPX is tracking it and will gather every additional source as it develops — the full multi-source comparison appears automatically once a second outlet confirms it.
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).
Related
MIDiA: Global Recorded Music Revenue Grew 9.4% in 2025, With Bump From Labels’ Share of Expanded Rights
BE:FIRST Is Ready for the World: Inside the J-Pop Superstars' Long-Planned U.S. Breakthrough
Glenn A. Baker, Australian Music Historian and Former Billboard Correspondent, Dies at 74
The Global Music Forecast 2026-2033 study found that while streaming will continue to be the primary driver of growth, the share of revenue coming from expanded rights — including labels’ share of revenue from branding, merchandise and live events — will grow as streaming growth flattens in saturated markets and music companies look to diversify revenue streams.
MIDiA projects the value of “the fan economy” could reach $18.5 billion alone by 2033, according to the report.
“As streaming comes of age, the music industry’s next growth phase will come from pulling new levers both within and beyond the subscription model,” Tatiana Cirisano , MIDiA’s vp of music strategy, said in a statement. “A growing fan economy is illuminating opportunities outside of traditional streaming. Expanded rights will be central to this.”
The report defines the fan economy as including revenue from physical music sales; streaming revenue from social, fitness, and gaming platforms (sources other than Spotify, Apple Music and other DSPs); and expanded rights from areas like branding and merch.
The report also forecasts retail growth to outpace trade growth, as the DSPs gain greater revenue share from bundling music subscriptions with other audio entertainment and other revenue sources that it does not share with music companies. Music retail revenues are expected to reach $62.7 billion, marking growth of 62.9% compared to trade revenue growth of 57.2%, the report says.
And it projects that subscription pricing will evolve in the coming years, which will eventually result in a return to growth for subscription average revenue per user (ARPU). Spotify recently forecast flat ARPU for its upcoming third quarter compared to the same period in 2025.
Indexed and credited by AIPROPX. Originating outlet: Billboard. Open at source →
An original, deterministic readout — composed only from the computed coverage facts on this page. No interpretation, no rating; figures only.
AIPROPX has consolidated 1 report from 1 outlet into a single canonical entry on “Global Recorded Music Revenue to More Than Double By 2033, MiDiA Report Says.” Every covered outlet is based in Other.
The only timestamped report came from Billboard (Aug 13, 2026, 14:14 UTC).
2 statements are carried by only one outlet within this set and are not echoed by the others.
Every figure above is a direct count of real published articles. AIPROPX indexes and compares the original reporting — it never rewrites, rates, or editorializes — and each publisher’s full article is always one click away.
Generated by AIPROPX from the source counts above. AIPROPX indexes and resolves coverage; the original publishers are credited and linked at origin in every report.
Coverage from 1 independent outlet across 1 region — each view opens on its own page.
AIPROPX — “Global Recorded Music Revenue to More Than Double By 2033, MiDiA Report Says” · https://www.aipropx.com/story/0a7abaa1445618a2dc221a01fbc53c63
Other events being covered across multiple sources right now.
Fresno man sentenced to more than 20 years in prison for 2021 fatal shooting
20 outletsWill Trump’s next press secretary be a better liar than the first five?
10 outletsReport from scene of Palestinian homes besieged by settlers
6 outletsDaily Business Report: August 13, 2026
5 outletsDes Moines police report flooded roads and stranded drivers
5 outletsThe Summer Chamber Music Series Finale features Pittsburgh Chamber Brass