SOURCE: FIMI - Italian music industry in the first half of 2019
News

Italian music industry grows 5% in first half of 2019

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 […]

1 in 5 Brits listen to pirated music
News

Music piracy collapses in Italy

Music piracy collapses in Italy with a 35% reduction in one year according to the latest data collected by the company Similarweb for IFPI and FIMI. The figures show a sharp decline in piracy in Italy with digital counterfeiting and the illegal distribution of online music via web and mobile dropping by 35% in the year from March 2018 and by over 50% compared to March 2017. In the first three months of 2019 the […]