IFPI report reveals EU risks falling behind in global market - UK still among top music exporters
The IFPI's report on the European Union's recorded music industry highlights the region's significant contributions and challenges in the global market. With recorded music revenues at 5.2 billion, the EU risks falling behind other regions despite strong domestic artist success. The report emphasizes the need for EU policymakers to support the music sector and enforce intellectual property rights to foster growth and protect artists, especially in light of the rise of AI and its impact on music.
Published on Tuesday, September 10, 2024 at 12:00 AM
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