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MENA tops global recorded music growth rankings for the second time in three years
The Middle East & North Africa (MENA) retained its position as the fastest-growing recorded music region, posting a remarkable 22.8% revenue increase, according to the latest IFPI Global Music Report

Electronic music market projected to double in worth to $24.5 billion by 2032
According to a forecast from market research firm Wise Guy Reports, house music is worth an estimated $3.5 billion alone

CEO of AI music app Suno criticised over claims most people "don't enjoy" making music
Mikey Shulman has responded to backlash, admitting that he "expressed his thoughts badly" during the interview with 20VC's Mikey Shulman

Spotify allegedly filling playlists with “ghost artists”
Harper's Magazine has published a striking report alleging that Spotify's reliance on low-cost, pseudonymous tracks in its playlists is devaluing the contributions of real musicians

Apple Music launches three new radio stations
The live-hosted stations, Apple Music Club, Apple Música Uno and Apple Music Chill, offer exclusive programming from the likes of Jamie xx, FKA twigs, Honey Dijon, Nia Archives, Brian Eno and Becky G

Music industry workers to lose a quarter of income to AI by 2028, study finds
The “first ever” global study on the impact of AI on music found that revenues of AI services will spike in the next four years

More music released in a single day in 2024 than the entirety of 1989, study shows
A past report found that 120,000 tracks are currently added to streaming services each day

Musician accused of using bots to generate over $10 million in streaming revenue
The North Carolina artist has been indicted in a “first of its kind” AI music case