IFPI Austria Archives

Austrian music market up 15.5% in first half of 2023

29/08/2023

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 in Austria up 22.5% in 2022

21/02/2023

Streaming in Austria up 22.5% in 2022 with a record 14.8 Bn songs streamed with sales reaching €143.8 million according to IFPI Austria. Total sales revenue for the year for all recorded music formats was up 13% on 2021 reaching €215.2. Vinyl sales continued to grow – up 4.3% year on year with a turnover of €10.6 million with CD and downloads continuing to decline with -17% and -18% respectively. Music fans in Austria spent […]

Austrian music market grew 11% in 2021

28/02/2022

Austrian music market grew 11% in 2021 with total sales of €190.4 million according to IFPI Austria, the Association of the Austrian Music Industry. Streaming was up 26.5% to €117.4 million with 12.7 Bn songs streamed. The vinyl boom continues with turnover exceeding €10 million. The second year of the pandemic was characterized by strong growth in streaming sales, an ongoing vinyl boom and a renewed increase in music consumption. While concerts, festivals, clubs and live music […]