Belgian music industry grows 8% in 2019
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Belgian music industry grows 8% in 2019

Belgian music industry grows 8% in 2019 with paid streaming subscriptions up by 31% and now account for 60% of total turnover according to the BEA, the Belgian entertainment industry association. Total sales reached €78.32 million in 2019 compared to €72.49 million in 2018. The growth in paid for subscriptions was the most important factor in the annual overall growth with Spotify, Deezer and Apple Music being the most popular streaming services. Streaming, with a […]

Finland’s music industry grew 10% in 2019
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Finland’s music industry grew 10% in 2019

Finland’s music industry grew 10% in 2019 with streaming making up 87% of the market according to IFPI Finland’s member companies. The value of recordings in Finland increased by 9.3% in 2019 to €55.2 million – the fifth consecutive year of growth. With other copyright revenues the total value of music consumption in 2019 increased to €78.6 million. The increase is due to the increasing popularity of streaming services, and in particular an increase in […]

COVID-19 will stop Italian music growth in 2020
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COVID-19 will stop Italian music growth in 2020

COVID-19 will stop Italian music growth in 2020 setting back the best results in five years for the industry in 2019 with growth of 8% which reached a total of €247 million. With the entire music supply chain stopped for more than a month because of the Coronavirus pandemic the effects on the Italian record industry are already being felt. There has already been a drop in the physical segment (CDs and vinyl) of over […]

ARASHI receiving the IFPI award for Top Global Album of 2019
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ARASHI awarded Global Album of 2019

ARASHI awarded Global Album of 2019 by IFPI for their 20th Anniversary Compilation 5×20 All the BEST!! 1999-2019. ARASHI (Satoshi Ohno, Sho Sakurai, Masaki Aiba, Kazunari Ninomiya, and Jun Matsumoto) was formed in 1999 and released their first single A-RA-SHI in November that year. They went on to release multiple million-seller albums over the next two decades. In June 2019, they released their 20th anniversary compilation 5×20 All the BEST!! 1999-2019 and staged the ARASHI […]

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UK record label income reaches £1.1 Bn in 2019

UK record label income reaches £1.1 Bn in 2019, a 7.3% increase on 2018 and the fourth consecutive year of growth according to recent figures released by the BPI, the UK’s recorded music industry association. This is the highest level of annual trade income in well over a decade and fuelled by the continuing increase in streaming income, which leapt by 21.8% to reach £628.9 million. Record label trade income is made up of combined […]

IFPI chief executive Frances Moore presenting Billie Eilish with the IFPI award for biggest global single of 2019
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bad guy by Billie Eilish named Biggest Global Single of 2019

bad guy by Billie Eilish named Biggest Global Single of 2019 according to IFPI who recently published the Top 10 Global Digital Singles 2019. bad guy is the fifth single from Eilish’s first album WHEN WE ALL FALL ASLEEP, WHERE DO WE GO? and was released alongside it on 29th March 2019. The song was an instant hit, topping the charts in more than 15 countries around the world, including the US, Australia, Canada and […]

Global music revenues hit $21.5 Bn in 2019
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Global music revenues hit $21.5 Bn in 2019

Global music revenues hit $21.5 Bn in 2019 with a fifth successive year of growth according to media and technology analysts, MIDiA Research, in a recent blog posting. Global revenues grew by 11.4% in 2019 to reach $21.5 Bn, an increase of $2.2 Bn on 2018. Growth accelerated year on year and this was achieved even though streaming revenue growth slowed. Key trends in 2019 Independent artists make the biggest gains The major record labels […]