GLOBAL RECORDED MUSIC INDUSTRY REVENUES 1999 – 2022 (US$ BILLIONS) — IFPI Global Music Report 2023
The International Federation of the Phonographic Industry (IFPI) has released its 2023 Global Music Trends Report, providing crucial insights into the state of the music industry. The report is based on extensive research and analysis of data from around the world, covering all aspects of the music business, from streaming to physical sales.
The report highlights several key trends that are shaping the music industry. One of the most significant is the continued growth of streaming, with streaming revenues expected to reach $23.1 billion by 2023. This growth is being driven by the increasing adoption of streaming services by consumers around the world, with Asia and Africa expected to be the fastest-growing markets in the coming years.
Here are a few of my NFTs on auction at Manifold Gallery, including Share Links (referral links) via twitter or DM which automatically pay 6.9% of the sale price right to your wallet if your bidder collects the work.
Mike Shupp retail CDs (and future merchandise) are now available for purchase through Spotify. Merch will display in the Spotify apps and web players toward the bottom of the main artist page, as well as on each album title page, respectively.
Displayed merch items link to full product detail pages where the final shopping cart and checkout process takes place. Stay tuned for coming additions to the new store…!
Each NFT is a “1 of 1” edition, and comes with unlockable content, including downloadable audio files of the song, in formats WAV 44.1 kHz 16-bit (Original Master Quality), ALAC (Apple Lossless), FLAC (Lossless) and MP3 320 (High Quality). The NFTs were minted using the ERC-721 token standard on my Ethereum smart contract 0x10E2…92d7, symbol: $MTS. The title track, “This Time” (track 1) is my genesis music NFT on the Ethereum blockchain — Token ID: #1.