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International Business Times
International Business Times
Business
Eric RANDOLPH

Global Music Biz Sees 10.2% Growth In 2023: Industry

Miley Cyrus had the biggest single of the year with 'Flowers' (Credit: AFP)

Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over how to maintain growth in the streaming era.

The biggest artist in the world was -- no surprise -- Taylor Swift, according to the annual report by International Federation of the Phonographic Industry, which represents global record companies.

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