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Global Music Publishing Market Worth Over $11 Billion, Says First-Ever ICMP Report

The music publishing market is worth over $11 billion globally, according to an ICMP report documenting the earnings of 16 of the top music markets.

Italy had just 20.3% of revenue come in from digital sources, while the number was 23.8% in France, 34.6% in the Netherlands, and 35% in Spain, which came in at the high end for the continent but was still relatively low, from a global perspective. In general, countries that speak English, apart from South Africa, tended to report strong synch revenue shares, possibly due to the ubiquity of globally-distributed originally-English-language TV and film programming. Japan takes in the vast majority of its publishing revenue (84%) through intermediary CMOs — as do countries like South Korea (82.8%) and Brazil (77.2%).

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