News Archives

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%. […]

Radio listening in UK hits 20-year high

22/08/2024

Radio listening in UK hits 20-year high according to a recent report by Ofcom, the UK’s communications regulator. Their annual report – Media Nations 2024: UK covers all aspects of TV, video and music streaming, radio and podcasts. The first quarter of 2024 saw the highest number of weekly radio listeners across all devices in the past twenty years with an average of 49.9 million adults (88.6%) listening each week, passing the previous high of […]

Local music continues to dominate Italian charts in first half of 2024

31/07/2024

Local music continues to dominate Italian charts in first half of 2024 according to FIMI, the Italian recorded music industry association. The Top Ten Albums and Singles are all Italian and are on track to make this the fifth year in a row that this has happened. After 5 consecutive weeks at the top of the weekly chart, Icon by Tony Effe leads the Album chart (physical + download + free & premium streaming) with I nomi del diavolo by Kid Yugi […]

Tesla adds YouTube Music and Amazon Music apps

30/07/2024

Tesla adds YouTube Music and Amazon Music apps to its entertainment centre as part of its 2024.26 Summer Update YouTube Music You can listen to over 100M million songs ad-free with your YouTube Premium or Music Premium account. Access your Library to see all of your liked and added songs, playlists you created and artists and podcasts you subscribed to. Requires Premium Connectivity or an active WiFi connection. Amazon Music Prime members get access to […]

Deezer launches Noughties covers playlist

24/07/2024

Deezer launches Noughties covers playlist which features trending artists reinterpreting iconic hits from the 2000s as part of its InVersions series. After exploring the 90s and 80s, the streamer has turned to the 2000s for the next InVersions, showcasing an international and diverse roster of 9 artists, each bringing their distinctive musical perspectives to reimagine hits from the first decade of the millennium. British R&B group No Guidnce, who gained popularity on TikTok with their renditions […]

UK music sales outpace video and games in first half of 2024

24/07/2024

UK music sales outpace video and games in first half of 2024 growing by 7.9% according to figures compiled by digital entertainment and retail association ERA. This significantly outpaces video sales (combining physical, EST and VOD +5.4%) and videogame sales (combining physical and full game downloads – 29.4%). Music revenues in the traditionally quiet first half of the year were £163.8m compared with £151.8m the previous year. Vinyl album sales were up 13.5% to £86.3m, […]