Instagram/Bad Bunny & Taylor Swift Music Global music revenue hits record $31.7B in 2025. Driven by 837M paid subscriptions, streaming fuels 11th straight year of industry growth. March 19, 2026 AceShowbiz - The global recorded music industry continued its remarkable expansion in 2025, as revenues surged past the $31 billion mark for the first time, according to the International Federation of the Phonographic Industry's (IFPI) Global Music Report 2026. This marks the 11th consecutive year of growth in music sales worldwide.