Songwriter royalties hit record high in 2024 with $13.6 Billion collected

Global songwriter royalties just hit a record $13.6 billion in 2024, find out what’s driving the surge and what it means for the future of music creators. Songwriters and music publishers saw another strong year in 2024, with global royalty collections reaching an estimated USD $13.6 billion. The figures, released by CISAC, show a 7.2% year-on-year increase and mark a new all-time high for creators represented by the network’s collective management organisations across more than 100 countries. Music remains the dominant contributor to CISAC’s collections, and digital revenues once again led the charge. Digital royalty income surpassed €5 billion for…