The US Latin music market grew 24% in 2022, just 3% below the all-time high from 2005 according to the RIAA, the American recorded music industry association. Total revenues of $1.1 Bn represented an all-time high share of overall US recorded music revenues of 6.9%, up from 5.9% in 2021. Revenues from streaming formats were more than $1 Bn, growing 25% to $1.06 Bn, and making up 97% of Latin music revenues. Paid subscriptions were once […]
French music sales are up 6.4% in 2022 achieving a turnover of €920 million, a sixth consecutive year of growth according to figures released by SNEP, the French music industry association. Revenues from sales have returned to their level of 15 years ago, but only reached 52% of the historical peak of 2002. Three quarters of them are generated by digital operations and a quarter by physical media – exactly the reverse of 10 years ago. […]
Over one-third of all Spaniards stream music with 5.2 million doing so through a premium subscription in 2022 – an increase of 18% over 2021 according to Promusicae, the Spanish recorded music industry association. 17 million Spaniards used audio streaming services during 2022 representing 36% of the population. Revenue grew by 12.43% in the year amounting to €462 million of which €402 million were music sales which is 9% up on the past year. The digital market […]
UK recorded music revenues up 4.7% in 2022 reaching £1.32 Bn according to a recent report by the BPI. This marked the sector’s eighth consecutive year of revenue growth, led by streaming. However, when adjusted for inflation, the figure falls hundreds of millions of pounds below the total reported in 2006. Growth in 2022 was again fuelled by climbing streaming revenues, which rose 6.3% year-on-year to £885 million and which now account for 67.2% of industry revenue – up from […]
US music revenues grew for 7th consecutive year in 2022 up 6% to a record high of $15.9 Bn according to figures released by the RIAA. Streaming continued to be the biggest driver of growth with record levels of paid subscriptions, continued growth in ad-supported format revenues and growing contributions from new platforms and services. Paid subscriptions continue to drive streaming growth Streaming continued to account for a large majority of recorded music revenues in 2022. […]
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 […]
Local music tops the Polish CD charts in 2022 with the top 8 tracks in the Top Ten being locally produced Polish music according to zpav, the Polish Association of Audio Video Producers. sanah – an artist who dominates the Polish music market, placed all four of her albums in the top ten of the OLiS* 2022 (Polish charts) list. In first place was her album Uczta, released in April 2022 with her other releases taking […]
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