News

Italian music market up 15.1% in first half of 2024

Italian music market up 15.1% in first half of 2024 with streaming subscriptions growing by 23% according to FIMI, the Italian recorded music industry association. Total revenues were over Euros 200 million according to data compiled by Deloitte for FIMI. Streaming continues to dominate in Italy with premium streaming seeing revenues growing by 23%, bringing the entire streaming segment to cover 81% of the market thanks to the overall growth of 18.1%. In the first […]

Italian music market up 14.2% in first half of 2023
News

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
News

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. […]

Vinyl LPs outsell CDs, DVDs and Blu-ray discs in UK
News

Vinyl LPs outsell CDs, DVDs and Blu-ray discs in UK

Vinyl LPs outsell CDs, DVDs and Blu-ray discs in UK according to analysis by ERA, the digital entertainment and retailers association. Year-to-date sales figures show that for the first-time vinyl LPs have overtaken all physical entertainment formats bar Nintendo Switch games. It means that UK consumers have spent more money on the 74 year old format than on Playstation 4 and 5 games combined, as well as more than on CDs, DVDs or Blu-ray discs. […]

News

UK vinyl and cassette sales surge in 2020

UK vinyl and cassette sales surge in 2020 with vinyl sales worth twice as much as music video streaming platforms, such as YouTube, despite the tens of billions of videos watched every year. New figures released by the BPI based on provisional Official Charts Company data for the year show that alongside continued growth in streaming, which now accounts for around 80% of UK music consumption, sales of vinyl LPs and audio cassettes surged ahead in 2020. […]