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The Independent UK
The Independent UK
Lifestyle
Jenny Garnsworthy

How do we consume our music? New report breaks it down

  • Global recorded music revenues increased by 6.4% to $31.7 billion in 2025, marking the 11th consecutive year of growth, as reported by the International Federation of the Phonographic Industry (IFPI).
  • Streaming accounted for almost 70% of global music income, with total revenues exceeding $22 billion, and paid subscription streaming growing by 8.8% to represent 52.4% of total revenues.
  • Earnings from physical formats also grew by 8%, with vinyl sales experiencing a 13.7% rise, marking its 19th consecutive year of growth.
  • The IFPI report suggests that AI presents an opportunity for innovation but warns of an increasing threat from streaming fraud, calling for a strong industry-wide response.
  • The UK is the third largest music market globally, behind the US and Japan, while Latin America was identified as the fastest-growing region in 2025 with a 17.1% increase.

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