Report: Songwriter Royalties Hit All-Time High of $13.6 Billion in 2024
This represents a 7.2% increase from the previous year
CISAC, a group of collective management organizations representing over 2 million creators, has released a new report stating that songwriter royalty collections reached a new record in 2024.
The numbers:
CISAC reported a total of $15.1 billion in royalty collections across music, audiovisual, visual arts, literature, and drama in 2024.
Songwriters and publishers make up 90% of that sum.
Digital music royalties made up $5.4 billion. $1.5 billion of that amount was earned from the US.
Italy saw the largest growth in digital, increasing by 27.2% from last year.
Radio and TV music royalties rose by 1.2% to $3.7 billion following a 5.3% decline last year.
Live and background collections increased by 10.4% to $3.66 billion. Major tours like the Taylor Swift Eras Tour had a significant effect.
The report addressed AI as well, stating that AI-generated music could make up 20% of music royalties by 2028.
CISAC, a group of collective management organizations representing over 2 million creators, has released a new report stating that songwriter royalty collections reached a new record in 2024.
The numbers:
CISAC reported a total of $15.1 billion in royalty collections across music, audiovisual, visual arts, literature, and drama in 2024.
Songwriters and publishers make up 90% of that sum.
Digital music royalties made up $5.4 billion. $1.5 billion of that amount was earned from the US.
Italy saw the largest growth in digital, increasing by 27.2% from last year.
Radio and TV music royalties rose by 1.2% to $3.7 billion following a 5.3% decline last year.
Live and background collections increased by 10.4% to $3.66 billion. Major tours like the Taylor Swift Eras Tour had a significant effect.
The report addressed AI as well, stating that AI-generated music could make up 20% of music royalties by 2028.
CISAC, a group of collective management organizations representing over 2 million creators, has released a new report stating that songwriter royalty collections reached a new record in 2024.
The numbers:
CISAC reported a total of $15.1 billion in royalty collections across music, audiovisual, visual arts, literature, and drama in 2024.
Songwriters and publishers make up 90% of that sum.
Digital music royalties made up $5.4 billion. $1.5 billion of that amount was earned from the US.
Italy saw the largest growth in digital, increasing by 27.2% from last year.
Radio and TV music royalties rose by 1.2% to $3.7 billion following a 5.3% decline last year.
Live and background collections increased by 10.4% to $3.66 billion. Major tours like the Taylor Swift Eras Tour had a significant effect.
The report addressed AI as well, stating that AI-generated music could make up 20% of music royalties by 2028.
👋 Disclosures & Transparency Block
- This article was written with information sourced from Music Business Worldwide.
- We covered it because CISAC represents a huge number of songwriters.
📨 Subscribe to NIF
Get news dropped in your inbox 👇
📨 Subscribe to NIF
Get news dropped in your inbox 👇
Related Articles
Business & Finance
Nov 7, 2025
1 min read
Vivid Seats Announces Q3 Losses, CEO Transition
Lawrence Fey will succeed Stan Chia as Chief Executive Officer
Business & Finance
Nov 6, 2025
1 min read
Reservoir Generates $45.4 Million in Calendar Q3
It represents 12% YoY Growth
Business & Finance
Nov 5, 2025
1 min read
Spotify’s Q3 Results Reveal Double Digit Subscriber Growth
Ad supported revenue remains an issue
Vivid Seats Announces Q3 Losses, CEO Transition
Lawrence Fey will succeed Stan Chia as Chief Executive Officer
Rod Yates
Business
Nov 7, 2025
Reservoir Generates $45.4 Million in Calendar Q3
It represents 12% YoY Growth
Rod Yates
Business
Nov 6, 2025
Spotify’s Q3 Results Reveal Double Digit Subscriber Growth
Ad supported revenue remains an issue
Rod Yates
Business
Nov 5, 2025
Live Nation Posts Record-Breaking Q3
The touring giant is on track for its best-ever year
Rod Yates
Business
Nov 5, 2025
Warner Music Italy Launches Warner Records Italy and Atlantic Records Italy
The move coincides with the company’s 50th anniversary
Rod Yates
Business
Oct 31, 2025
UMG Q3 Revenue Hits $3.53B, Up 10.2%
Taylor Swift, Sabrina Carpenter and KPop Demon Hunters led the charge
Rod Yates
Business
Oct 31, 2025
