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Creative Industries

Key figures — Week 43, 2024

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$212 billion That’s how much the music sector contributed to the US GDP in 2020, according to the latest study titled 'The US Music Industries – Jobs & Benefits: The 2024 Report', commissioned by the RIAA and prepared by Secretariat. The sector accounted for over 2.5 million jobs nationwide.  $126 billion That’s what the combined amount of what Netflix, Disney, Comcast, Google, Warner Bros. Discovery and Paramount are estimated to have spent in content in 2024, according to a new f...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Creative Industries

HarbourView acquires select music and non-music assets from Quincy Jones

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Investment firm HarbourView Equity Partners has reached an agreement with the Estate of the late US composer, producer and performer Quincy Jones, in a deal that includes Jones' recorded music and publishing assets, as well as other ancillary rights, including his participation in 'The Fresh Prince of Bel-Air', which was produced by Jones. As part of the transaction, the financial terms of which were not disclosed, HarbourView will "work in close partnership with the Quincy Jones Estate on go-f...

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Creative Industries

Global recorded music revenues up 9.4% to $39.5bn in 2025 — MIDiA Research

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Recorded music global revenues grew by 9.4% in 2025 to reach $39.5 billion, according to MIDiA Research's "Recorded music market 2025 | Rise of the fan economy" yearly report. "2025 saw strong performance across the board – even downloads stopped its decade-plus race to oblivion," wrote MIDiA's founder Mark Mulligan in a blogpost. "However, there was one revenue category that left all others in the dust: expanded rights (labels’ participation in merch, live, brand, etc.), which grew by a whoppi...

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Creative Industries

Production music licensing platform Slipstream acquires Megatrax

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US production music licensing platform Slipstream has acquired Los Angeles-based production music library Megatrax, adding 200,000 tracks to its global catalogue. Terms of the agreement were not disclosed. Following the acquisition, Megatrax will continue to operate independently while it is integrated into the Slipstream platform over the coming months. “This acquisition reflects our long-term consolidation strategy,” said Slipstream CEO Dan Demole. “Megatrax is a highly respected, composer-led...

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