Spain Archives

Music sales in Spain increase by 27% in first half of 2019

17/09/2019

Music sales in Spain increase by 27% in first half of 2019 with streaming up 26.9% according to Promusicae, the Spanish record industry association. There was also a substantial increase in vinyl and an upturn in CD sales making it the best first half results since 2001. During the first half of 2019, music sales in Spain experienced the highest increase since the turn of the millennium when widespread piracy caused sales to plummet. The […]

Young people in Spain are adopting streaming over physical formats

70% of Spanish music sales are now digital

19/02/2019

70% of Spanish music sales are now digital with streaming growing by 50% to reach 2.3 million users according to figures released by Promusicae, the Spanish record industry association. Streaming now accounts for 90% of the sector’s digital revenues ending the year with a small increase in sales. The growth in streaming is being driven by younger consumers taking up streaming subscriptions rather than buying physical formats. Provisional sales figures for 2018 show that revenues […]

Streaming hits 74% of music sales in Spain

07/09/2018

Streaming music hits 74% of music sales in Spain during the first half of 2018 according to Promusicae, the Spanish record industry association. Sales of all music generated revenues of Euro 107.6 million during this period up only 0.4% on the same period in 2017. In common with the US and most western European countries, the growth in streaming has been accompanied by a growth in paid for subscription services which have increased by 53%. […]