CISAC Global Collections Report 2023 released today shows that music collections rose by 28% YoY to €10.8 billion. For the first time, creators’ largest income source was digital royalties — noted as being the most significant milestone for the music sector.
Global Music Publishing Collections Projected to Tank 35% in 2020
The International Confederation of Societies of Authors and Composers (CISAC) has projected that global music publishing collections will fall by as much as 35 percent in 2020, for a total loss of $4.11 billion (€3.5 billion).