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Forecast: Music retail sales to top $50bn in 2026

The global retail value of recorded-music sales will register a record year in 2022 with sales set to rise 9.8 per cent, to $41.4 billion (€39.7bn) from $37.7 billion in 2021, according to figures published by Omdia. Further growth is forecast over the next few years with the total ending 2026 at $50 billion. The […]

May 12, 2022