IMPF, the Independent Music Publishers International Forum, today launches a report showing the value of the global independent music publishing copyright business. The indie business model is at the core of music publishing and this report assembles, for the first time, the global market revenue and percentage share of the independent music publishing sector. It looks at where the industry revenue was at internationally in 2019 and 2018, a view which is critically important given the impact of the Covid pandemic of 2020 (and 2021). While the growth in streaming subscriptions is clear, rethinking the way streaming licences are granted is imperative. Additionally, the report shows the thriving independent music publishing sector and its potential for increased market share. Attached you will find the Press Release and the Report.
(Revised Edition, Nov 2020)