Global Music Publishing Collections Grew Last Year, But a Big Pandemic Drop Is Coming for 2020 and 2021 - Billboard

Global music publishing grew to €8.96 billion ($10.04 billion) in 2019, up 8.4% from the year prior among CISAC members, the international collection society trade group announced Wednesday (Oct. 28).

That means, in a worst case scenario, global collection could see a €3.1 billion ($3.65 billion) drop to about €5.7 billion ($6.71 billion) in total collections, which would set music collections back to 2015 levels, wiping out the nearly 25% growth that has occurred in the intervening years.

The pandemic’s impact is most pronounced on the live music sector and background music played in retail stores, bars, restaurants and hotels, which collectively normally provide almost one-third of global music publishing collections.

Across CISAC members, here's how the €8.96 billion in global protections in 2019 breaks down:.

In terms of market share, here are each category’s contributions to the total 2019 global publishing collections:.

— Europe earned 50.4% of the overall global publishing collections, totaling €4.52 billion ($5.06 billion) in 2020 -- growing 6.7% over €4.24 billion in 2018.

— North America earned 27.4% of the overall global publishing collections, totaling €2.45 billion ($2.75 billion) -- growing 13% over €2.17 billion in 2018.

— The Asia-Pacific region earned 16.4% of the overall global publishing collections, totaling €1.47 billion ($1.65 billion) -- growing 10.6% over €1.33 billion in 2018.

— South and Latin America earned 5% of the overall publishing collections, totaling €448 million ($502 million) -- decreasing 2.8% from €461 million in 2018.

— Africa earned 0.8% of the overall global publishing collections, totaling €73 million -- up 1.1% from €72.2 million in 2018.

France earned €1.04 billion ($1.16 billion) for a 11.6% global market share, showing a 2.8% increase from the €1.01 billion collected in 2018.

Japan earned €884 million ($992.2 million) for a 9.9% global market share, showing a 7.9% increase from €819 million collected in 2018.

Germany earned €816 million ($914 million) for a 9.1% global market share, showing a 7.6% increase from €758.4 million collected in 2018.

earned €753 million ($843.5 million) for a 8.4% global market share, showing a 12.3% increase from €670.5 million collected in 2018.

Italy earned €476 million ($533 million) for a 5.3% market share, showing a 5.7% increase from €450.3 million collected in 2018.

With SGAE only missing from the 2019 report, its collections from 2018 have also been subtracted from last year’s numbers.

In addition to the €8.96 billion from music in 2018, those collections from audio-visual creations contributed €597 million euros ($669 million), €197 million ($220 million) came from literature, and €6 million ($6.7 million) from visual arts.