Music sales Archives

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 […]

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 […]