German music sales top €2 Bn in 2022 again for the first time in 20 years according to the BVMI in recently released figures. Turnover was €2.07 Bn in 2022 from sales of CDs, vinyl LPs and downloads as well as revenues from the streaming business. It is for the first time in 20 years that the €2 Bn mark has been surpassed; the last time this was the case was in 2002 (€2.21 Bn). Compared […]
Spanish streaming increased 16% in 2022 with 72 Bn streams, up from 62 Bn streams in 2021 according to Promusicae, the Spanish recorded music industry association. Streaming continues to account for 85% of music consumption with paid subscriptions that currently accounting for 55% of the total consumption of audio streaming. These statistics confirm the recent IFPI report published in November 2022 which found that Spaniards listen to more music throughout the day, on average, than […]
Music sales in Spain grew by 12.4% in first half of 2022 with LPs now outselling CDs where physical format sales have stagnated according to Promusicae, the Spanish record industry association. Spaniards spent €191.5 million on music consumption, both in digital and physical formats that represents a 12.4% growth for the Spanish music industry, compared to the same period of 2021 (€170.5 million). Digital sales were the main contributor to the increase in sales with […]
Four fifths of music sales in Germany are digital having grown 5.5% in the first six months of 2022 according to the BVMI, Germany’s recorded music industry association. Total sales were Euros 967 million. The strongest format remains audio streaming, which, after further growth (+9.1%), now accounts for 73.3% of total sales. This means that 80.2% of revenues from music sales in Germany are now generated digitally, with downloads contributing only 2.4% of the total market, following […]
Nearly four fifths of music in Germany will soon be digital according to the BVMI, Germany’s recorded music industry association. Record sales and revenues from streaming generated a total of €1.96 Bn, compared to 2020 that is an increase of 10%. By far the largest part was generated digitally, 76.4% of the income comes from online music. Audio streaming, which has been growing dynamically for years, again increased by 18.6%. The growth curve is slightly less than […]
UK CD sales decline slows in 2021 whilst vinyl and cassettes continue surge according to preliminary sales figures from the BPI. New figures to be released by record labels’ association the BPI using Official Charts Company data will show that purchases of vinyl LPs and audio cassettes in 2021 continued their surge of recent years. Fans kept showing their love of the album on physical format while also continuing to stream in ever-growing numbers. The Compact disc has been showing […]
German music sales grew 9% in 2020 despite the pandemic with digital reaching 71.5% of the market, up 24.6% from 2019 according to BVMI, the German recording industry association. Retail revenues from recorded music sales and proceeds from the streaming business amounted to €1.79 Bn, up 9% on 2019, with 71.5%, or a good three-quarters of sales, coming from online music use. Audio streaming increased by 24.6% on the already high level of the previous […]
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