Music Business Worldwide reports: “Global recorded music revenues are estimated to have grown by 24.7%, to $28.8 billion in 2021. That’s according to a new report from Midia, published today (March 18), a few days ahead of the release of IFPI’s Global Music Report. Midia says that the 24.7% increase in 2021 represented the market’s “largest annual growth in modern times”.”

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