IFPI has published the second edition of Music in the EU, its report on the region’s strengthening role in the global music ecosystem.
Drawing on data from IFPI’s Global Music Report 2025, findings show that recorded music revenues across the EU have reached €5.7 billion, growing +9.1% year-on-year.
The industry’s revenue growth in the EU was more than double that of the United States and surpassed the combined revenue growth of the United States, China and Brazil.
The growth in the EU was driven by a strong rise in subscribers and price increases by streaming platforms. The EU now accounts for over a fifth of global recorded music revenues, powered by fan engagement, rising paid streaming subscriptions and a surge in homegrown talent.
The report finds that paid streaming continues to be an engine for growth across the EU, contributing 77.4% of total revenue growth. At the same time, domestic artists across EU member countries are experiencing strong commercial success – appearing more times on average in their own country’s annual Top 10 charts than the global average.
Record labels invested a total of $8.1 billion globally (approximately €7.5 billion) into A&R and marketing in 2024 alone, representing 30% of their revenues for the year.
However, there is potential for further growth, according to IFPI. While the EU music market is performing well, the EU’s streaming subscriber penetration rate is much lower than those of other leading markets.
To make Europe’s recorded music success sustainable for the long-term, music industry leaders are calling on the EU to take decisive action. To secure the future of music in Europe, five policy priorities must be addressed:
1. Recognise the vital work of music in the EU
2. Support a competitive marketplace for music in Europe
3. Ensure AI and creativity grow and thrive together
4. Protect artists’ music
5. The EU should promote strong copyright in Europe and abroad
Victoria Oakley, IFPI CEO, said: "Europe is a powerhouse of musical creativity and cultural diversity. This success is no accident – it’s the result of years of investment, innovation, and an unwavering commitment to artists.
“Record labels have played a central role in building this thriving ecosystem, helping artists grow at home and reach fans around the world. But to stay ahead, we need strong, forward-looking policies that protect human creativity and make AI work in the service of music, not the other way around.
“Europe now has a unique opportunity to lead the world in how we champion culture, creators and innovation."
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