A record: Global value of music copyright raises to $31.6bn in 2019

In 2019, music copyright was worth $31.6bn, up by 7%, or $2.1bn from the previous year, and the third consecutive year that the growth was more than $2bn. These record-breaking copyright valuations are due to streaming - its contribution to labels, publishers and CMOs has gone from 14% in 2015 to almost 47% in 2019. Tarzan Economics predicts that 2020 will be another record-breaking year.