Global recorded music revenues $23B in 2020; majors underperform; “unstoppable rise” of indies (MIDiA Research)
Total revenues for recorded music were $23.1-billion according to MIDiA Research. Indie labels and artists outperformed in the market, as major labels underperformed. Last year artist-direct earnings broke the $1-billion threshold for the first time. Click through for more details and the infographic. Continue Reading