Music sales Archives

German music sales continued to grow in 2023

07/03/2024

German music sales continued to grow in 2023 with revenue reaching €2.21 Bn – up 6.3% on 2022 according to the BVMI in recently released figures. The majority of sales, 81.5%, were generated from the digital business, which grew by 7.9%, driven by audio streaming (+8.4%), which now has a market share of 74.8%. The physical market (18.5%) remained stable (+0.1%) due to renewed significant vinyl growth of 12.6%. CD sales fell by 5.9% but still remains the second strongest […]

Spanish streaming increased 20.8% in 2023

23/01/2024

Spanish streaming increased 20.8% in 2023 with 87 Bn streams, up from 72 Bn streams in 2023 according to Promusicae, the Spanish recorded music industry association. Streaming continues to account for 87% of music consumption with paid subscriptions that currently accounting for 56% of the total consumption of audio streaming. These statistics confirm the recent IFPI report published in December 2023 which found that Spaniards listen to more music throughout the day, on average, than in other neighbouring countries consuming […]

Music sales in Spain grew by 11.53% in first half of 2023

10/09/2023

Music sales in Spain grew by 11.53% in first half of 2023 with vinyl LPs continuing to outsell CDs according to Promusicae, the Spanish record industry association. Spaniards spent €214.3 million on music consumption, both in digital and physical formats that represents a 11.53% growth for the Spanish music industry, compared to the same period of 2022 (€192.1 million). Digital sales rose 12.82% thanks to streaming which represents 98.7% of this consumption segment. Streaming contributed 87.8% […]

French music streaming sales grew 9.4% in first half of 2023

07/09/2023

French music streaming sales grew 9.4% in first half of 2023 according to figures released by SNEP, the French music industry association. Total sales were €397 million with physical sales up 7.3% and digital sales up 10%. The use of downloading continues to decline which is similar to other major European markets. First half of 2023 highlights Streaming accounted for 77% of total revenues up from 71% compared to the same period last year. 60 Bn […]

Italian music market up 14.2% in first half of 2023

30/08/2023

Italian music market up 14.2% in first half of 2023 with streaming subscriptions growing by 18.2% according to FIMI, the Italian recorded music industry association. Total revenues were Euros 175 million according to data compiled by Deloitte for FIMI. Streaming continues to dominate in Italy with 139 million users representing 16% growth on the same period last year. Streaming subscriptions were up 18.2% in the same period. Revenues from the ad-supported services also rose, up […]

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. […]

German music streaming sales grew 9.7% in first half of 2023

18/07/2023

German music streaming sales grew 9.7% in first half of 2023 according to the BVMI, Germany’s recorded music industry association. Total sales were €1.056 Bn, an increase of 6.6% compared to the same period last year (H1 2022: €990 million according to the 2022 full-year accounts). Physical sales were at a similar level as in the same period of the previous year and thus remained stable (-0.8%). CDs continued to decline (-4.1%) but still contributed […]