Page 8 - Demo

Page titleStandfirstBodyEurope dominates global collections with over 50% market shareEurope continued to anchor the global collections landscape in 2024, commanding more than half of the world%u2019s total revenues. Western Europe alone accounted for 50.7% of global collections, driven by steady growth of +6.7% year on year. North America followed at 25.2%, with revenues in Canada and the USA doubling over the past decade to EUR3.5 billion, fuelled by a +10% annual rise in digital income. Asia-Pacific strengthened its position with 13.8% of global collections, while Latin America represented 5.6% after two years of strong post-pandemic recovery. Africa saw collections rise by +14.2% to reach EUR90 million for the first time, driven by a +10% rise in music collections and a remarkable +90.8% surge in literary collections, following the launch of reprography collections in Morocco. Yet despite this increase, Africa%u2019s share of global revenues has gradually declined in recent years as larger markets continue to expand at a faster pace.TV & radio revenues edge upward amid shifting listening habitsBroadcast income returned to growth in 2024, increasing by +0.8% after a -3% decline the previous year. While nearly half of all countries recorded national declines in the sector, reflecting the rising popularity of digital subscription models, this was offset by strong gains in the USA, France and Spain.These three markets accounted for 47.2% of global TV & radio income, with growth of +3.5%, +3.9% and +20.3% respectively, contributing over EUR80m to the global total. Despite this recent rebound, overall TV & radio revenues have grown by just +3.8% since 2015.Collections and growth by region (EUR million)5.6%Latin America0.6%Africa50.7%Western Europe25.2%Canada/USA4.0%Central and Eastern Europe13.8%AsiaPacificShare of collections by region (EUR million)2015 2020 2021 2022 2023 2024%u20ac3.79B%u20ac3.64B%u20ac3.91B%u20ac3.7B%u20ac4.05B%u20ac3.94B-4.2%decline11.3%growth-1.6%decline-3.6%decline0.8%growthTV & radio collections (EUR billion) and annual growth 2015%u20132024%u00a9 Shutterstock 2561809571 Netflix%u2019s Squid Game was a global hit for the streaming platform in 2024Western Europe%u20ac7,090M, +6.1%Canada/USA%u20ac3,518M, +10.0%Latin America%u20ac786M, -0.6%Africa%u20ac90M, +14.2%Asia-Pacific%u20ac1,922M, +2.9%Central & Eastern Europe %u20ac566M, +13.8%CISAC Forewords CISAC AI Fraud Highlights Market analysis Futuresource Collections by repertoire Collections by region Tables of collections Membership About the report Methodology14 15Forewords CISAC AI Fraud Highlights Market analysis Futuresource Collections by repertoire Collections by region Tables of collections Membership About the report Methodology Global Collections Report