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Benzinga

Entertainment

Franca Quarneti

Streaming, Vinyl Propel Music Copyright Value To $45.5 Billion

United States Spotify Sony SPOT UMG Entertainment Page

The value of global music copyright surged to $45.5 billion in 2023, marking an 11% increase from the previous year.

This reflects the growing economic strength of music rights, which were valued at $25 billion in 2014. If current trends continue, music copyright could double in value over a decade.

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