Music revenue generation
Revenue generation from the music industry takes place in various ways. Sales of singles or albums with download capability, subscription online streaming*, concerts, tours and advertising placed in online music streaming are a few examples of methods of revenue generation in this industry.
In Iran, because of widespread violation of copyright rules, most songs can be found with a simple search and usually no money is paid for music. But in many countries of the world, music is sold like other products. Americans had 7/6 billion dollars in revenue from the music industry in 2018, which is more than the combined revenue of the 9 other countries present in the chart. To better grasp the size of the American music industry it is enough to know that the P!nk** tour in 2019 was accompanied by 215 million dollars in revenue, which is approximately equal to Australia's total revenue from this industry in 2018.
When was the last time you bought a music product?
You can also visit section Namafar music for comprehensive information in the field of music.
Source: Music Trades December 2019
*Users can access music or podcasts by purchasing a subscription.
** To view the details of Revenue of world music tours in 2019 you can visit the Namafar website.
See the original infographic (Persian)
Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian