Swiss music market enjoys 7th year of growth
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Swiss music market enjoys 7th year of growth

Swiss music market enjoys 7th year of growth with sales of CHF 223.7 million in 2022, 4% more than in the previous year according to IFPI Switzerland. The growth engine remains the streaming segment, which now accounts for 85% of the total market, while sales from downloads and physical media continue to decline. The moderate growth in vinyl, which has been ongoing since 2010, also paused in 2022 and turned slightly into the red. On […]

Australian record music market grew by 7.3% in 2020
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Australian record music market grew by 7.3% in 2020

Australian record music market grew by 7.3% in 2020 with growth driven by streaming and vinyl according to figures released by the Australian Recording Industry Association (ARIA). The growth was driven by a rise in revenue from streaming services and vinyl, which offset a drop in revenue for digital downloads and CD sales. It is the sixth straight year of growth for the recorded music industry which now generates AUS$542 million in revenue per annum. […]