Generative AI will enrich tech companies but will substantially jeopardise the income of human creators in the music and audiovisual sectors in the next five years.
This is one of the key findings of a global study measuring the economic impact of AI on the music and audiovisual sectors. The report was commissioned by the International Confederation of Societies of Authors and Composers (CISAC), and conducted by PMP Strategy.
.jpg)
It predicts the revenues of Gen AI providers will see dramatic growth over the next five years, but creators risk losing a large share of their current income due to AI’s substitutional impact on human-made works.
Music and audiovisual creators will see respectively 24% and 21% of their revenues at risk of loss by 2028, according to the report. This amounts to a cumulative loss of €22bn over the five-year period (€10bn in music; €12bn in audiovisual).
The study finds that the market for music and AV content generated by AI will increase exponentially in the next five years, growing from around €3bn now to €64bn in 2028.
The economic study assesses that, as a result of this exponential growth in the market for music and audiovisual content, the future revenues of Gen AI providers will rise to annual revenues of €4bn in music (up from €0.1bn in 2023) and €5bn in audiovisual (up from €0.2bn) by 2028. These are revenues derived directly from the unlicensed reproduction of creators’ works, representing a transfer of economic value from creators to AI companies.
In the music sector, the streaming and music library markets will be strongly impacted by AI. By 2028, Gen AI music is projected to account for approximately 20% of traditional music streaming platforms’ revenues, and around 60% of music libraries’ revenues.
In the audiovisual sector, translators and adaptors for dubbing and subtitling will experience the strongest impact, with 56% of their revenue at risk, while screenwriters and directors could see their revenues cannibalised by 15–20%.
The study concludes: “In an unchanged regulatory framework, creators will actually suffer losses on two fronts: the loss of revenues due to the unauthorised use of their works by Gen AI models without remuneration; and replacement of their traditional revenue streams due to the substitution effect of AI-generated outputs, competing against human-made works”.
CISAC President Björn Ulvaeus said: "For creators of all kinds, from songwriters to film directors, screenwriters to film composers, AI has the power to unlock new and exciting opportunities – but we have to accept that, if badly regulated, generative AI also has the power to cause great damage to human creators, to their careers and livelihoods. Which of these two scenarios will be the outcome? This will be determined in large part by the choices made by policy makers, in legislative reviews that are going on across the world right now. It’s critical that we get these regulations right, protect creators’ rights and help develop an AI environment that safeguards human creativity and culture."

TV set is primary device for YouTube viewing, says CEO Neal Mohan
The television set is now the primary device for YouTube viewing in the US, according to the company’s CEO Neal Mohan.

Tell Media strengthens leadership team, opens Kuala Lumpur office
UK-based sports production company Tell Media has strengthened its senior leadership team and also opened a new office in Kuala Lumpur to service the Southeast Asia market.

NEP Group reorganises European operations
NEP Europe has unveiled a new organisational structure for its northern, mid and southern European businesses.

Kickstart Day 2025: Evolution of the Control Room wins Project of the Year
The IBC Accelerator Media Innovation Programme has announced the ‘Evolution of the Control Room’ as the winner of the prestigious 2024 Project of the Year Award.
ITV brings golf back to free-to-air TV in UK
Elite golf is returning to free-to-air television in the UK after Saudi Arabia-backed league LIV Golf struck a broadcast partnership with ITV for the 2025 season.