The recorded-music business has been trumpeting big gains in recent years, sparking a flood of new interest from investors. But music is just one piece of a pie that also includes publishing revenue from the underlying compositions. So what’s the overall value of the world’s music copyright today?
Will Page, visiting fellow at the London School of Economics and former chief economist for Spotify, crunches the numbers for Billboard and explains what they mean — and how the industry can use the new $30.1 billion grand total to fuel further growth.
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