Streaming now accounts for 95% of US Latin music market with revenue growing 17% in the first half of 2019, according to the RIAA, the US recording industry association. Latin music revenues in the US grew 13.5% to $232 million versus the prior year, building on three consecutive years of growth at the end of 2018. Total streaming revenues grew 17% to $220 million, accounting for 95% of the Latin music market. In the first […]
US music revenues grew 18% in first half of 2019 driven by a 30% rise in streaming subscriptions, according to the RIAA, the US recording industry association. Paid subscriptions exceeded 60 million for the first time with total revenues growing 18% to $5.4 Bn. Streaming now accounts for 80% of music industry revenues. Streaming Revenues from streaming music grew 26% to $4.3 billion for the first half of 2019 with paid subscriptions continuing to be […]
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 […]
UK consumers spend more than £100m a week on digital music, video and games in the first half of 2019, according to latest data from the Entertainment Retailers Association (ERA), a total of more than £2.7bn on streaming services, downloads and gaming credits. Add in expenditure on physical formats such as CD and DVD and retail revenues of the combined music, video and games sectors grew 4.5% to £3.3bn in the first six months of […]
Italian music industry grows 5% in first half of 2019 with streaming subscription revenue up by 32% according to FIMI, the Italian recording industry association. Figures released for the first 6 months of 2019 show that streaming represents 63% of all the revenues of the Italian recording industry generating over €54 million in the first six months of 2019. Subscription revenue grew by 32% compared to 2018 and revenues from ad-supported audio also increased exceeding those of video sharing. Digital […]
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