Streaming raises music revenue in the EU by nearly €300m

Physical media sales the only other category to record an increase last year, according to a report from the International Federation of the Phonographic Industry (IFPI) of which the Irish Recorded Music Association (IRMA) is a member

Fontaines D.C. at Electric Picnic last month. Managing director of Warner Music Ireland, Priscilla Kotey, said: 'There’s been a cultural shift. Irish people have become way prouder of Irish music than ever before. If you look at Electric Picnic eight years ago, it was predominantly international acts. Now the line-up is at least 50% Irish artists.' 

Revenue generated by recorded music across the EU increased by 5.1% during 2025 to €6bn driven by an increase in streaming subscribers and subscription costs while other revenue sources declined, a new report shows.

According to the report, the EU recorded music revenues grew by €293m year-on-year and accounted for 21.3% of global music revenue. It found that nine of the top 20 recorded music markets are located in the EU.