Streaming in Italy grew by 13.5% in 2024
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Streaming in Italy grew by 13.5% in 2024

Streaming in Italy grew by 13.5% in 2024 according to recent figures published by FIMI, the Italian recorded music industry association. For the seventh consecutive year of growth, the Italian recorded music market had an overall increase of 8.5% in 2024, reaching almost half a billion euros (461.2 million) and is now the third-largest market in the EU after Germany and France. Streaming now represents 67% of total revenues with an increase of 13.5% amounting to €308.1 million. 2024 saw 95 […]

Dutch music industry grew 12% in 2024
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Dutch music industry grew 12% in 2024

Dutch music industry grew 12% in 2024 with streaming being the main source of income according to NVPI Audio, the Dutch music industry association. In 2024, the total turnover of the Dutch music industry amounted to €334 million, an increase of 12% compared to 2023. Streaming music remains the most important source of income for the Dutch industry with turnover increasing by 16% to €278 million. Sales of CDs and vinyl fell by 6% with vinyl […]

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Spanish streaming increased by 14.01% in 2024

Spanish streaming increased by 14.01% in 2024 helping music sales grow by 9.19% compared to 2023 according to Promusicae, the Spanish recorded music industry association. Recorded music had total revenues of €568.8 million in 2024 representing an increase of 9.42% compared to the €520 million achieved in 2023. The digital market already accounts for more than 89% of the music consumed in Spain (€454.5 million) in a year in which physical sales have decreased by […]

German music sales continued to grow in 2024
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German music sales continued to grow in 2024

German music sales continued to grow in 2024 with revenue reaching €2.38 Bn – up 7.8% on 2023 according to the BVMI in recently released figures. The majority of sales, 84.1%, were generated from the digital business, which grew by 11.2%, driven by audio streaming (+12.6%), which now has a market share of 78.1%. The physical market (18.5%) declined by 7.4% despite vinyl growth of 9.4% generating €379 million in sales during the year. CD sales fell by 17.1% but still remains […]

Streaming now makes up 91% of Swiss music sales
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Streaming now makes up 91% of Swiss music sales

Streaming now makes up 91% of Swiss music sales with total sales of CHF 249 million in 2024, 7% more than in the previous year according to IFPI Switzerland. Music streaming services such as YouTube, Apple Music and Spotify grew to CHF 226 million (+10%) and now accounts for 91% of the overall market. Sales of downloads and physical recordings continue to decline. The moderate growth in vinyl that has continued since 2010 stagnated in 20244. Physical recordings […]

French music sales grew 5.9% in first half of 2024
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French music sales grew 5.9% in first half of 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
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Music sales in Spain grew by 16.6% in first half of 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 […]