CISAC's global music collections reached a record $12.69 billion in 2023, marking a 7.6% year-over-year growth. This achievement reflects significant recoveries in live music and continued digital expansion.

Key Collection Breakdowns:

• Digital: $4.89 billion (up 2,463% from 2019)
• TV and Radio: $3.65 billion (down 28% from 2019)
• Live and Public Performance: $3.31 billion (up 345% from 2019)

Live music performance has shown particularly strong recovery, outpacing other public performance categories with a 24% growth from 2019 to reach $1.11 billion. Background music saw a more modest 6.1% improvement.

Regional Performance:

• Latin America: 26.2% growth to $749.45 million
• Europe: 8.3% growth to $6.49 billion
• Notable growth in Italy (22.3%) and South Korea (9.6%)

Digital streaming, while still growing, showed its first single-digit increase since 2019 at 9.6%, reflecting market maturation in established regions. Digital now represents 87.2% of total music collections.

Additional Revenue Sources:

• CD and Video: $410.36 million
• Private Copying: $300.18 million
• Other Sources: $136.08 million

This report, based on data from 227 member CMOs, demonstrates a 30% improvement from pre-pandemic levels, indicating strong industry recovery and digital transformation.

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