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Global Music Copyright Value Soared to $45.5 Billion in 2023

Summary by Billboard
The value of global music copyright reached $45.5 billion in 2023, up 11% from the prior year, according to the latest annual industry tally by economist Will Page. When Page first calculated the value of various music copyright-related revenue streams in 2014, the figure was $25 billion—meaning music copyright could double in value in ten years.  Record labels represented the largest share of global music copyright with $28.5 billion in 2023,…
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