Streaming now makes up 88% of Swiss music sales
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Streaming now makes up 88% of Swiss music sales

Streaming now makes up 88% of Swiss music sales with total sales of CHF 233.9 million in 2023, 5% more than in the previous year according to IFPI Switzerland. Music streaming services such as YouTube, Apple Music and Spotify grew to CHF 206.1 million (+8%) and now accounts for 88% of the overall market. Sales of downloads and physical recordings continue to decline. The moderate growth in vinyl that has continued since 2010 fell slightly […]

Swiss music market enjoys 7th year of growth
News

Swiss music market enjoys 7th year of growth

Swiss music market enjoys 7th year of growth with sales of CHF 223.7 million in 2022, 4% more than in the previous year according to IFPI Switzerland. The growth engine remains the streaming segment, which now accounts for 85% of the total market, while sales from downloads and physical media continue to decline. The moderate growth in vinyl, which has been ongoing since 2010, also paused in 2022 and turned slightly into the red. On […]