Music sales Archives

French music sales grew 5.9% in first half of 2024

28/10/2024

French music sales grew 5.9% in first half of 2024 compared to the same period last year according to figures released by SNEP, the French music industry association. Total sales were €415 million with physical sales down 6.8%% and digital sales up 9.6%. The volume of downloading remains stable but marginal with barely more than 1% of total turnover. First half of 2024 highlights Physical sales are falling again (-6.8%) after a cyclical surge in the first half of 2023. […]

Music sales in Spain grew by 16.6% in first half of 2024

14/10/2024

Music sales in Spain grew by 16.6% in first half of 2024 with vinyl LPs continuing to outsell CDs according to Promusicae, the Spanish record industry association. Spaniards spent €249.8 million on music consumption, both in digital and physical formats that represents a 16.6% growth for the Spanish music industry, compared to the same period of 2023 (€214.3 million). Total music sales for the period were €224.15 million euros with digital consumption making up 89.7% of […]

UK music sales outpace video and games in first half of 2024

24/07/2024

UK music sales outpace video and games in first half of 2024 growing by 7.9% according to figures compiled by digital entertainment and retail association ERA. This significantly outpaces video sales (combining physical, EST and VOD +5.4%) and videogame sales (combining physical and full game downloads – 29.4%). Music revenues in the traditionally quiet first half of the year were £163.8m compared with £151.8m the previous year. Vinyl album sales were up 13.5% to £86.3m, […]

German music streaming sales grew 12.7% in first half of 2024

23/07/2024

German music streaming sales grew 12.7% in first half of 2024 according to the BVMI, Germany’s recorded music industry association. Total sales were €1.136 Bn, an increase of 7.6% compared to the same period last year (H1 2023: EUR 1.056 billion according to the full-year financial statements for 2023). Demand for physical media fell significantly by 11.9%. CDs (-22.5%) still contributed 8.1% to total sales, while vinyl achieved a market share of 5.9% following renewed growth […]

The US Latin music market continued to grow in 2023

23/04/2024

The US Latin music market grew 16% over 2022, 14% above the previous peak in 2005, according to the RIAA, the American recorded music industry association. Total revenues of $1.4 Bn represented an all-time high share of overall US recorded music revenues of 7.9%, up from 7.3% in 2022. Streaming Streaming is the dominant choice of Latin music fans today, delivering more than 98% of total Latin music revenues. Overall, streaming revenue grew to $1.3 Bn, up […]

Streaming now makes up 88% of Swiss music sales

11/03/2024

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 […]

Dutch music industry grew 9% in 2023

08/03/2024

Dutch music industry grew 9% in 2023 with streaming being the main source of income according to NVPI Audio, the Dutch music industry association. In 2023, the total turnover of the Dutch music industry amounted to 299 million euros, an increase of 9% compared to 2022. Turnover from streaming music increased by 11% to almost 240 million euros. Sales of CDs and vinyl also grew, respectively 16.1 (+5%) and 38.2 (+3%) million euros. The growth is […]