Music sales in Spain grew by 11.53% in first half of 2023
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Music sales in Spain grew by 11.53% in first half of 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
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French music streaming sales grew 9.4% in first half of 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
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Italian music market up 14.2% in first half of 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
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Austrian music market up 15.5% in first half of 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
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German music streaming sales grew 9.7% in first half of 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 […]

French music sales are up 6.4% in 2022
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French music sales are up 6.4% in 2022

French music sales are up 6.4% in 2022 achieving a turnover of €920 million, a sixth consecutive year of growth according to figures released by SNEP, the French music industry association. Revenues from sales have returned to their level of 15 years ago, but only reached 52% of the historical peak of 2002. Three quarters of them are generated by digital operations and a quarter by physical media – exactly the reverse of 10 years ago. […]

Over one-third of all Spaniards stream music
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Over one-third of all Spaniards stream music

Over one-third of all Spaniards stream music with 5.2 million doing so through a premium subscription in 2022 – an increase of 18% over 2021 according to Promusicae, the Spanish recorded music industry association. 17 million Spaniards used audio streaming services during 2022 representing 36% of the population. Revenue grew by 12.43% in the year amounting to €462 million of which €402 million were music sales which is 9% up on the past year. The digital market […]