Austrian music streaming grew by 61% in the first half of 2018 according to Austrian industry association IFPI Austria. Overall sales increased by 6.3% compared to the first half of 2017 generating revenue of €53.5 million.
Revenues of €53.5 million were generated in the first half of 2018 on the Austrian music market with streaming subscriptions, downloads and physical media. This corresponds to an increase in sales of 6.3% compared to the first half of 2017.
No fewer than 2.5 billion songs were streamed in the first half of 2018 compared to 1.5 bn songs in the first half of 2017. Streaming revenues increased significantly in the first half of 2018, rising by 61.1% to €23.2 million. The lion’s share of €21.1 million comes from premium subscriptions, such as Spotify, Apple Music, Amazon Music unlimited or DEEZER. Video streams, especially on YouTube, contributed a relatively modest €1.4 million despite high user numbers, while other ad-supported streaming contributed €750,000.
Download revenues declined by 18% to €5.6 million and physical sales declined by 15% to €24.4. For the first time, more than half of the Austrian music market (streaming and downloads) is digital making up 54% of the total market.
Dietmar Lienbacher, President of the Austrian music industry association – IFPI Austria: ‘Around 800,000 Austrian music fans have a streaming subscription, streaming has replaced the CD as the biggest source of revenue, making it all the more important that the same rules apply to everyone on the streaming market and also pay for providers like YouTube licenses.’
The Rise and Fall of the Compact Disc
Austrian albums dominate half-year charts
Half of the top 10 albums of the half-year ranking are made by Austrian productions. Andreas Gabalier tops the charts with his album Do not forget me, the Vienna Philharmonic under the baton of Riccardo Muti takes third place with the New Year’s Concert 2018, also Pizzera & Jaus with Unerringly solid, Wanda with Niente and Raf Camora with Anthrazit make it into the top 10.
Top 10 album sales in the first half of 2018
1. Andreas Gabalier – Vergiss mein nicht
2. Helene Fischer – Helene Fischer
3. Wiener Philharmoniker/Ricardo Muti – Neujahrskonzert 2018
4. Pizzera & Jaus – Unerhört solide
5. Ed Sheeran – ÷
6. Wanda – Niente
7. Klubbb3 – Wir werden immer mehr!
8. Fantasy – Das Beste von Fantasy – Das große Jubiläumsalbum
9. Soundtrack – The Greatest Showman
10. Raf Camora – Anthrazit
