September 2024

Italian music market up 15.1% in first half of 2024

05/09/2024

Italian music market up 15.1% in first half of 2024 with streaming subscriptions growing by 23% according to FIMI, the Italian recorded music industry association. Total revenues were over Euros 200 million according to data compiled by Deloitte for FIMI. Streaming continues to dominate in Italy with premium streaming seeing revenues growing by 23%, bringing the entire streaming segment to cover 81% of the market thanks to the overall growth of 18.1%. In the first […]

US recorded music revenues up 4% in first half of 2024

05/09/2024

US recorded music revenues up 4% in first half of 2024 generating $8.4 Bn at estimated retail value according to the RIAA. The number of paid subscriptions grew to a record high of 99 million, with revenues up 4% to $5.7 Bn and accounted for 78% of the first half total. While paid subscriptions contributed nearly two-thirds of the added value in this period, vinyl shipments accelerated faster than any other major music format at 17%. […]