Austrian music market grew 11% in 2021
Austrian music market grew 11% in 2021 with total sales of €190.4 million according to IFPI Austria, the Association of the Austrian Music Industry. Streaming was up 26.5% to €117.4 million with 12.7 Bn songs streamed. The vinyl boom continues with turnover exceeding €10 million. The second year of the pandemic was characterized by strong growth in streaming sales, an ongoing vinyl boom and a renewed increase in music consumption. While concerts, festivals, clubs and live music […]