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Global Public Performance Collections Grew 7.6% to New High of $10.9B in 2023
According to CISAC's 2023 report, global royalty collections grew to a new high of $10.9B last year.
According to CISAC's annual report, growth was driven by digital royalties and the full return of the live business. The big collecting societies all had good years, but the CISAC report offers unparalleled insight into a complicated but important part of the music publishing business. Billboard will follow this news story with a more extensive analysis of growth sectors, the future of various markets, and how this business might grow in the years ahead.
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