News Formal

Spain’s Recorded Music Market Continues to Boom With 12.3% Revenue Growth in 2023

  • 📰 billboard
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

In Spain's recorded music market, revenue was up 12.33% in 2023 — according to the new annual report by Promusicae.

Promusicae has released the third edition of its annual report on the state of the recorded music industry in Spain. The report reveals that revenue from recorded music in Spain saw a significant increase of 12.33% in 2023, earning 520 million euros and surpassing the average growth rate seen in neighboring countries. This increase was driven primarily by streaming, which accounted for nearly 77% of the sector’s total revenue.

The average music consumption is 22.1 hours per week per person, above the global average of 20.7 hours.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 112. in BR
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Music Investment Platform JKBX Says Yields on Over Half of Its Available Songs Jumped in 2023The JKBX music investing platforms says 2023 yields were up, while OneRepublic earned the most for its song 'Counting Stars.'
Fonte: billboard - 🏆 112. / 63 Consulte Mais informação »