Global Recorded Music Industry Revenues 2001-2020
GLOBAL MUSIC REPORT 2021 IFPI GLOBAL MUSIC REPORT 2021 3 CONTENTS STATE OF THE INDUSTRY Global Music Market 2020 in Numbers 04 Introduction 05 Global Charts 06 Global Market Overview 2020 10 Our mission to put creators Our continuing commitment The universe of opportunities 2020 Figures by Format 12 first has been more important is to harness our collective for artists and labels is than ever in the past year. talents and resources to diverse, vast, and fast Hits can now come from shape culture through the expanding. There’s strong 2020 Figures by Region 14 anywhere and artists are power of music and the growth in both subscription empowered by future-focused artistry and creativity at its and ad-supported streaming, Record Companies, Driving Global Opportunities for Music 16 insights, tools and resources core. When, in collaboration with plenty of runway to reach global audiences. with our artists, we come around the globe. At the Breaking down barriers and together as a company and same time, the pandemic Partnering with Artists, Delivering for Fans 24 borders of language, culture as a community, what we can has accelerated consumer Case Study: Chen Li Nong 28 and genre around the world, achieve is truly remarkable. adoption in areas like gaming, Case Study: Travis Scott music has made an incredible That mission is especially live streaming, social media 30 impact over the last year, important now, as the world and in-home fitness. Music Case Study: Dua Lipa 32 bringing communities has never needed music more. is a fundamental driving SIR LUCIAN GRAINGE together to tackle the Chairman & Chief Executive force in the success of these Officer, Universal Music Group Beyond the Music 34 challenges facing all of us.
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