The U.K. and the U.S. dominate the top 50, while Africa, Asia and Latin America are nearly nowhere to be found—for now. 21 of the top 50 festivals in 2015 took place in either the U.K. or the U.S., with two in California and two in Florida alone. 19 in between two U.K. festivals; Mawazine in Rabat, Morocco, ranks at No. Many of Africa’s most popular music festivals, such as Malawi’s Lake of Stars and Swaziland’s Bushfire, highlight local artists and traditions, making them less easily penetrable by American franchises. According to CISAC’s 2016 Global Collections Report, Africa saw a 13.6% rise in overall music royalty collections and a 33.2% rise in live/background music royalties last year.
Source: Forbes November 27, 2016 21:38 UTC