Trade with Music Rights

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Science, Technology and Culture, Business Statistics
Christian Törnfelt
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Trade with Music Rights 2023

The purpose of the statistics Trade with music rights is to estimate the sale of recorded music in the form of physical sales, downloads and streaming. In addition, the statistics calculate the extent of payments for the use of music for public play and by reproduction, as well as the property rights income for composers and performers. Statistics Denmark published the statistics for the first time in 2014. In 2023, the statistics were expanded with statistics on the number of registered musical works and the number of authors of music, who are copyright holders.

Statistical presentation

The statistics is an annual statement of sales of recorded music and rights, as well as the number of registered musical works and authors of music with registered musical works. The statistics are published in News from Statistics Denmark and in the Statistics Bank. Sales are broken down by form of distribution, nationality (Denmark/Abroad), type of rights holders, geography and the gender and age of individual rights holders. Rights holders represented by, for example, a publisher are not included in the gender and age breakdown of the statistics. The number of musical works are broken down by the number of musical works in total and new registered musical works annually. The number of authors of music with new registered musical works is broken down by gender and age.

Statistical processing

Music statistics are based on data from the record companies' trade association (IFPI) and the organizations Koda and Gramex which manages rights payments. Data are provide by voluntary agreement. Statistics Denmark validates data by comparing with last year's data. No further processing than validation and aggregation in the compilation of the statistics is undertaken.

Relevance

These statistics are used by professionals, researchers, authorities and other users, e.g. journalists interested in the economy in the music industry.

Accuracy and reliability

There are no uncovered conditions in source data that indicate that the statistics do not provide an accurate and reliable picture of the total volume of sales of music and music rights. Some factors may mean that the scope is underestimated, but there are also factors that lead to an overestimation.

Timeliness and punctuality

The statistics are published 6 months after the end of the reference year. The statistics are usually published without delay in relation to the scheduled date.

Comparability

The statistics have been published since 2014, and in its current form comparable from 2008 onwards. The statistic can be compared with the organizations' own statistics. There may be some minor differences if the organizations make post-postings in deposits and withdrawals after data has been submitted to Statistics Denmark.

With regards to statistics on registered musical works in 2023, data has been corrected for the years 2000-2015. Thus, Statistics Denmark's calculation of the number of musical works differs from Koda's for the period in question. The correction is due to Koda changing its definition of what a Koda work is in 2015 (read more under Statistical processing).

Accessibility and clarity

The statistics are published in Nyt fra Danmarks Statistik under the topic Musik.

The statistics Trade with music rights are published in Statbank Musik.:

For more information, see the statistics' subject page.