Spain

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 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%. […]