B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
23.8%
23.8% -- recorded music revenue growth rate for MENA recorded music market (2022)
Recorded music revenues in the MENA market grew by 23.8% in 2022.
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
23.8%
Unit
Percentage
Data Vintage
2022
Entity
Geography
MEA
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Universal Music Group
Primary
Tier B
https://www.universalmusicmena.com/en/news/universal-music-group-acquires-chabaka-music-uae-based-di… ↗
Source Article
Universal Music
Middle East & North Africa
Middle East & North Africa
31 August 2023
Acquisition brings exciting artists and labels to UMG and significantly increases its presence in one of the fastest growing music regions in the world
London, Dubai, 30 August 2023 – Universal Music Group (UMG), th…
Original Research
Universal Music Group
· Original study ↗
Methodology
Company announcement citing regional recorded music revenue growth; underlying source likely IFPI.
Methodology documented
Segmentation
IndustryMusic
RegionMEA
Cite this stat
Plain Text
MENA recorded music market: 23.8% recorded music revenue growth rate. Source: Universal Music Group (2022). Via Lighthouse Intelligence -- https://lighthousedata.io/data/mena-recorded-music-revenue-growth-2022
HTML Embed
<blockquote cite="https://lighthousedata.io/data/mena-recorded-music-revenue-growth-2022" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>23.8%</strong> -- recorded music revenue growth rate for MENA recorded music market<br><small>Source: Universal Music Group (2022) · <a href="https://lighthousedata.io/data/mena-recorded-music-revenue-growth-2022" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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