Italian labels body FIMI has published its latest figures, covering the recorded-music market in Italy in the first half of 2023.
Italy’s recorded music business is thriving, with revenue up and domestic acts dominating.
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Italy was the tenth biggest recorded music market in the world last year according to the IFPI, buoyed by a 27.8% increase in revenues.
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Alongside yesterday’s IFPI Global Music Report, Italian industry body FIMI published its figures for Italy’s recorded music market in 2021.
Premium streams grew by 42% last year in Italy, but physical was up by 18% too, buoyed by a 44.2% increase in vinyl sales.
This is a guest post from Anna Zò, project manager at Music Innovation Hub, a multi-function social enterprise that enables socially responsible projects in the music industry. Zò is in […]