{"id":238571,"date":"2025-08-20T20:58:04","date_gmt":"2025-08-20T19:58:04","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?p=238571"},"modified":"2025-08-20T20:58:04","modified_gmt":"2025-08-20T19:58:04","slug":"ifpi-ceo-victoria-oakley-urges-action-to-accelerate-indias-music-streaming-revenues-amid-subscription-growth-challenges","status":"publish","type":"post","link":"https:\/\/www.musicbusinessworldwide.com\/ifpi-ceo-victoria-oakley-urges-action-to-accelerate-indias-music-streaming-revenues-amid-subscription-growth-challenges\/","title":{"rendered":"IFPI CEO Victoria Oakley urges action to accelerate India\u2019s music streaming revenues \u2013 amid subscription growth challenges"},"content":{"rendered":"<p>There are some troubling market signs for the recorded music business in India&#8230; and the message from global recorded music trade body IFPI today (August 20) is that now, not tomorrow, is the time to start fixing them.<\/p>\n<p>Last year, <strong>India&#8217;s<\/strong> streaming-dominated recorded music market grew by less than <span style=\"color: #008000;\"><strong>3% YoY<\/strong><\/span>. Subscription streaming was up double-digits, but still generated around a <em>quarter<\/em> of the revenue from ad-supported platforms (audio plus video).<\/p>\n<p>(These are ballpark figures from IFPI&#8217;s essential 2025 <a href=\"https:\/\/gmr.ifpi.org\/\" target=\"_blank\" rel=\"noopener\"><em>Global Music Report<\/em><\/a>. If you want the full stats&#8230; you can <a href=\"https:\/\/gmr.ifpi.org\/\" target=\"_blank\" rel=\"noopener\">buy it here<\/a>.)<\/p>\n<p>Today, IFPI revealed another stark statistic: just<strong> 20 million<\/strong> of India&#8217;s <strong>192 million<\/strong> current music streaming users pay for subscriptions \u2013 not far above <strong>10% <\/strong>of them.<\/p>\n<p>Those <strong>192 million<\/strong> music streaming users, in turn,\u00a0make up just <strong>13%<\/strong> of India&#8217;s <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/ce9088men9xo\" target=\"_blank\" rel=\"noopener\"><strong>1.45 billion<\/strong><\/a> population.<\/p>\n<p>Such numbers were not far from the mind of IFPI CEO <strong>Victoria Oakley<\/strong> this morning (August 20) during a keynote presentation at the <em>All About Music<\/em> conference in Mumbai.<\/p>\n<p><span style=\"font-weight: 400;\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__tweeny hidden-xs hidden-ms hidden-sm\" data-loaded=\"no\" data-sizes=\"992 1200 1440\" data-name=\"628x90 Sponsor banner #5 (992+1200+1440)\" data-params=\"dfp_sponsor5_628\" id=\"dfp_sponsor5_628\"><\/div>      <div class=\"mb-advert mb-advert__banner mb-advert__banner--inline hidden-xs hidden-sm hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"480\" data-name=\"468x60 Sponsor banner #5 (480)\" data-params=\"dfp_sponsor5_468\" id=\"dfp_sponsor5_468\"><\/div>      <div class=\"mb-advert mb-advert__mobile mb-advert__mobile--inline hidden-ms hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"320 768\" data-name=\"300x50 Sponsor banner #5 (320+768)\" data-params=\"dfp_sponsor5_300\" id=\"dfp_sponsor5_300\"><\/div>      <\/div>      <\/span><\/p>\n<p>Oakley warned that India&#8217;s music industry must tackle significant challenges to secure its future, despite its <strong>&#8220;extraordinary potential&#8221;<\/strong> to drive the next wave of global growth.<\/p>\n<p>She praised India&#8217;s rich musical heritage spanning classical traditions to <strong>Punjabi folk, filmi soundtracks <\/strong>and<strong> Indian pop<\/strong>, while highlighting the transformative role of streaming and digital distribution in making music more accessible than ever.<\/p>\n<p>However, the IFPI chief pointed to several risks threatening sustainable growth, including the misuse of generative AI, streaming fraud, and the overwhelming dominance of <strong>free, ad-supported streaming<\/strong> over paid subscriptions.<\/p>\n<blockquote><figure class=\"mbw-articlepic mbw-articlepic--right\"><a class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web.jpg\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web.jpg\" data-lightbox=\"image-set\" data-title=\"\"><img  class=\"lazyload\" src=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web-80x64.jpg\" data-srcset=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web-80x64.jpg 80w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web-160x128.jpg 160w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web-320x256.jpg 320w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web-418x334.jpg 418w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/08\/vikki_web-648x518.jpg 648w\" data-sizes=\"auto\"><i class=\"fas fa-search-plus magnifying-glass-icon\"><\/i><\/a><\/figure><p>&#8220;Music has worth, and paying for it sustains the artists and cultures we love. The decisions we make now will shape the next decade of music.&#8221;<\/p>\n<p><span style=\"color: #000000;\">Victoria Oakley, IFPI<\/span><\/p><\/blockquote>\n<p>&#8220;These risks are real,&#8221; <strong>Oakley<\/strong> said. &#8220;Music has worth, and paying for it sustains the artists and cultures we love. The decisions we make now will shape the next decade of music.&#8221;<\/p>\n<p>In a press release issued today, IFPI confirmed that <strong>Oakley<\/strong> outlined three key priorities for India&#8217;s future development in recorded music. Those priorities included: &#8220;<strong>Growing paid streaming: Shifting away from ad-funded models toward a value-driven, subscription-led future.&#8221;<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #1\" data-params=\"dfp_spu1\" id=\"dfp_spu1\"><\/div>      <\/div>      <\/span><\/p>\n<p>The other two priorities highlighted by Oakley were:<\/p>\n<ul><li><strong>Strengthening collaboration:<\/strong> Bringing together labels, platforms, creators and governments to tackle streaming fraud and build AI safeguards.<\/li><li><strong>Championing regional diversity:<\/strong> Supporting music in local languages and styles to deepen connections at home and abroad.<\/li><\/ul>\n<p>&#8220;We must choose a path that values creativity, protects human expression, and champions fairness for everyone in the industry,&#8221; Oakley added.<\/p>\n<p>&#8220;We must never forget that music is made by people, for people. Behind every track is a story, a burst of imagination, a struggle, a desire to share. That is what makes this industry powerful &#8211; and that is why it is worth protecting.<\/p>\n<p>\u201cSo, as India continues to rise as a global music powerhouse, let us work together as labels, platforms, governments, and fans &#8211; to build a future where music is valued and celebrated.\u201d<\/p>\n<blockquote><p>&#8220;as India continues to rise as a global music powerhouse, let us work together as labels, platforms, governments, and fans &#8211; to build a future where music is valued and celebrated.&#8221;<\/p>\n<p><span style=\"color: #000000;\">Victoria Oakley, IFPI<\/span><\/p><\/blockquote>\n<p>As part of IFPI&#8217;s commitment to the Indian market, <strong>Oakley<\/strong> confirmed the organization is working with local partners, Indian affiliates of major international record companies, and both local and global digital service providers to launch <strong>official charts in India<\/strong>.<\/p>\n<p>For the first time, these charts will include both international and domestic repertoire, alongside dedicated official local-language charts designed to reflect the breadth of<strong> India&#8217;s<\/strong> musical landscape.<\/p>\n<p>Governed by IFPI&#8217;s global best practice, they aim to provide a <strong>trusted benchmark<\/strong> to measure the market, celebrate artist success, and ensure that India&#8217;s regional voices are recognized nationally and globally.<\/p>\n<p><span style=\"font-weight: 400;\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #2\" data-params=\"dfp_spu2\" id=\"dfp_spu2\"><\/div>      <\/div>      <\/span><\/p>\n<h6>Industry transformation challenges<\/h6>\n<p>The <strong>Indian market&#8217;s<\/strong> transformation reflects broader global trends in music consumption, but with unique characteristics.<\/p>\n<p><strong> YouTube<\/strong> remains a dominant force in the market.<\/p>\n<p>According to Comscore data cited in an <strong>Ernst &amp; Young (EY)<\/strong> report earlier this year, Indian adults aged 35 and over spend an average of <strong>80 minutes<\/strong> per day on the platform.<\/p>\n<p>Indeed, <strong>YouTube&#8217;s<\/strong> reach in India today surpasses<strong> 800 million people<\/strong>, according to Sensor Tower data also cited in the report.<\/p>\n<p><strong>Ernst &amp; Young&#8217;s<\/strong> report suggested that the total number of on-demand music streaming users in India declined from <strong>185 million<\/strong> to <strong>175 million<\/strong> in 2024.<\/p>\n<p>One reason for this, it posited, is certain streaming platforms limiting free-tier features, with <strong>Gaana<\/strong> and <strong>Hungama<\/strong> now operating as &#8220;entirely pay&#8221; services, making them inaccessible to non-paying users.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oakley warned that India&#8217;s music industry must tackle significant challenges to secure its future, despite its &#8216;extraordinary potential&#8217;<\/p>\n","protected":false},"author":3,"featured_media":238572,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,7],"tags":[],"class_list":["post-238571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/238571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=238571"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/238571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/238572"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=238571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=238571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=238571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}