US music publishing revenue hits $7 billion in 2024
US Music publishing revenue hit $7 billion in 2024, growing faster than recorded music. Find out what’s driving the surge. The U.S. music publishing industry posted impressive growth in 2024, with total revenue jumping by 13.4% year-on-year to reach an estimated $7 billion, according to new data published by the National Music Publishers’ Association (NMPA). The growth rate not only signals the strength of the publishing sector, it also surpassed the growth rate of the recorded music industry for the same period, which stood at 7.7%. This 13.4% rise marks an increase in the value of music publishing rights. Traditionally,…
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