H1 2023 Archives

US Latin music grew 15% in first half of 2023

29/09/2023

The US Latin music market grew 15% in first half of 2023 with paid subscriptions accounting for two thirds of the streaming market according to the RIAA, the US recording industry association. During this period revenues from Latin music in the US grew to $627 million and represents 7.5% of the total US music market up from 7.1% in the first half of 2022. Paid subscriptions comprised more than two-thirds of total Latin music revenues, and […]

US recorded music revenues up 9.3% in first half of 2023

20/09/2023

US recorded music revenues up 9.3% in first half of 2023 generating $8.4 Bn at estimated retail value according to the RIAA. The number of paid subscriptions grew to a record high of 96 million, with revenues up 11% to $5.5 Bn and comprising almost three quarters of the first half total. At wholesale value, revenues grew 8.3% to $5.3 Bn. Streaming Revenues from streaming services made up 84% of total recorded music revenues in the […]

Music sales in Spain grew by 11.53% in first half of 2023

10/09/2023

Music sales in Spain grew by 11.53% in first half of 2023 with vinyl LPs continuing to outsell CDs according to Promusicae, the Spanish record industry association. Spaniards spent €214.3 million on music consumption, both in digital and physical formats that represents a 11.53% growth for the Spanish music industry, compared to the same period of 2022 (€192.1 million). Digital sales rose 12.82% thanks to streaming which represents 98.7% of this consumption segment. Streaming contributed 87.8% […]

French music streaming sales grew 9.4% in first half of 2023

07/09/2023

French music streaming sales grew 9.4% in first half of 2023 according to figures released by SNEP, the French music industry association. Total sales were €397 million with physical sales up 7.3% and digital sales up 10%. The use of downloading continues to decline which is similar to other major European markets. First half of 2023 highlights Streaming accounted for 77% of total revenues up from 71% compared to the same period last year. 60 Bn […]

Italian music market up 14.2% in first half of 2023

30/08/2023

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

29/08/2023

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. […]

Local music continues to top the album charts in France

03/08/2023

Local music continues to top the album charts in France in the first half of 2023 according to figures released by SNEP, the French music industry association. In an analysis of the top 200 albums in the first six months of 2023: 17 of the Top 20 albums are French productions Three quarters of the Top 200 albums are French productions 33 first albums rank in the Top 200 with more than three quarters produced in France. […]