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Italian music market up 15.1% in first half of 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 9.3% in first half of 2023
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US recorded music revenues up 9.3% in first half of 2023

US recorded music revenues up 9.3% in first half of 2023 generating $8.4 Bn at estimated retail value according to the RIAA. The number of paid subscriptions grew to a record high of 96 million, with revenues up 11% to $5.5 Bn and comprising almost three quarters of the first half total. At wholesale value, revenues grew 8.3% to $5.3 Bn. Streaming Revenues from streaming services made up 84% of total recorded music revenues in the […]

Italian music market up 14.2% in first half of 2023
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Italian music market up 14.2% in first half of 2023

Italian music market up 14.2% in first half of 2023 with streaming subscriptions growing by 18.2% according to FIMI, the Italian recorded music industry association. Total revenues were Euros 175 million according to data compiled by Deloitte for FIMI. Streaming continues to dominate in Italy with 139 million users representing 16% growth on the same period last year. Streaming subscriptions were up 18.2% in the same period. Revenues from the ad-supported services also rose, up […]

Austrian music market up 15.5% in first half of 2023
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Austrian music market up 15.5% in first half of 2023

Austrian music market up 15.5% in first half of 2023 with fans spending €98.3 million on streaming subscriptions, CDs, downloads and vinyl records according to IFPI Austria. Revenue from music streamers Spotify, Apple, Amazon, YouTube and Co. increased by 20% to almost €82 million and thus dominates the Austrian music market with an 83% market share. There were 8.6 Bn songs streamed in the first half of the year – an 18% increase compared to last year. […]

Streaming is benefitting more artists
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Streaming is benefitting more artists

Streaming is benefitting more artists with streaming success spread across many more artists compared to the CD era according to recent research by the BPI. Based on Official Charts data, the findings show that the 10 leading streaming artists made up just 4.9% of the audio streaming market in the UK last year. This compares to the top 10 artists in 2007, when CD was the leading format, making up 10.9% of that year’s artist […]

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Local music tops the Polish CD charts in 2022

Local music tops the Polish CD charts in 2022 with the top 8 tracks in the Top Ten being locally produced Polish music according to zpav, the Polish Association of Audio Video Producers. sanah – an artist who dominates the Polish music market, placed all four of her albums in the top ten of the OLiS* 2022 (Polish charts) list. In first place was her album Uczta, released in April 2022 with her other releases taking […]

Vinyl LPs outsell CDs, DVDs and Blu-ray discs in UK
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Vinyl LPs outsell CDs, DVDs and Blu-ray discs in UK

Vinyl LPs outsell CDs, DVDs and Blu-ray discs in UK according to analysis by ERA, the digital entertainment and retailers association. Year-to-date sales figures show that for the first-time vinyl LPs have overtaken all physical entertainment formats bar Nintendo Switch games. It means that UK consumers have spent more money on the 74 year old format than on Playstation 4 and 5 games combined, as well as more than on CDs, DVDs or Blu-ray discs. […]