H1 2022 Archives

Music sales in Spain grew by 12.4% in first half of 2022

15/10/2022

Music sales in Spain grew by 12.4% in first half of 2022 with LPs now outselling CDs where physical format sales have stagnated according to Promusicae, the Spanish record industry association. Spaniards spent €191.5 million on music consumption, both in digital and physical formats that represents a 12.4% growth for the Spanish music industry, compared to the same period of 2021 (€170.5 million). Digital sales were the main contributor to the increase in sales with […]

US Latin music grew 23% in first half of 2022

09/10/2022

The US Latin music market grew 23% in first half of 2022 with streaming accounting for 97% of this market according to the RIAA, the US recording industry association. During this period revenues from Latin music in the US grew to $510 million and represents 6.6% of the total US music market. Paid music subscriptions made up the majority of Latin revenues, growing 25% to $350 million and accounting for 71% of streaming revenues (69% of […]

Four fifths of music sales in Germany are digital

11/08/2022

Four fifths of music sales in Germany are digital having grown 5.5% in the first six months of 2022 according to the BVMI, Germany’s recorded music industry association. Total sales were Euros 967 million. The strongest format remains audio streaming, which, after further growth (+9.1%), now accounts for 73.3% of total sales. This means that 80.2% of revenues from music sales in Germany are now generated digitally, with downloads contributing only 2.4% of the total market, following […]