Italy’s recorded music revenues grew 18.3% in H1, with High 10 singles and albums dominated by native acts – Music Enterprise Worldwide


Italy’s recorded music revenues topped €153 million in H1 2022, marking YoY development of 18.3%.

That H1 income haul was up €23.6 million on the €129.4 million generated in H1 2021.

These numbers have been confirmed at present (September 1) by FIMI, the group that represents the Italian recorded music trade, and whose members embrace Common Music, Sony Music, Warner Music and BMG.

One of many greatest highlights of the primary six months of the 12 months in Italy’s recorded music market was that each the High 10 best-selling singles and albums have been comprised solely of native acts.

Chatting with MBW, FIMI CEO Enzo Mazza mentioned the dominance of homegrown artists available in the market, “is essentially as a result of robust investments from the labels into new skills”.

Mazza additionally famous that there was “a robust era shift” over the previous 10 years, with the typical age for an artist within the high ten down 35% in comparison with 2012. The typical age of artists showing within the High 10 in Italy final 12 months was 26, versus 36 in 2012.

Elsewhere in FIMI’s report, the group reveals that revenues from subscription audio streams grew 13.7% to succeed in €76.8 million, up €9.3 million versus the €67.5 million generated in the identical interval final 12 months.

Revenues from ad-supported audio streams, in the meantime, grew 33.1% to €22.1 million in H1.

Total, music streaming (together with ad-supported and subscription audio, plus digital video advertisements) generated €118 million in H1, up 20.8% YoY.

Vinyl gross sales grew 17.5% to €14.7 million in H1 versus €12.5 million in H1 2021.

Total, bodily music has a 17% share of the native recorded music market, whereas streaming accounts for 83%.



The dominance of Italy’s homegrown artists available in the market in H1 types a part of a pattern to have emerged in Italy over the previous couple of years.

Within the first half of 2021 for instance, the complete High 13 of Italy’s home album chart and your complete High 10 of the nation’s singles chart for H1 2021 was made up of Italian and Italian language acts, in line with FIMI/GFK knowledge.

Plus, each album within the High 20 of the nation’s home album chart for the complete 12 months of 2021 was from an area artist. Moreover, the complete High 10 of its Singles Chart for the 12 months was additionally comprised solely of Italian acts.

At the moment’s H1 2022 outcomes observe the information from March that Italian recorded music revenues grew 27.8% in 2021 to succeed in $392.4 million (€332m), up €72m ($85m) versus 2020, when the market generated €259.89 million ($296.3m) in recorded music revenues.

“Italy is now the fourth largest market in Europe and one of many high nations on this planet the place home acts are driving the charts.”

Enzo Mazza, FIMI

Chatting with MBW, FIMI CEO Enzo Mazza mentioned: “Italy is now the fourth largest market in Europe and one of many high nations on this planet the place home acts are driving the charts.

“That is largely as a result of robust investments from the labels into new skills. Over the past ten years there was a robust era shift and in 2021 the typical age for an artist within the high ten was 35% down from 2012

,”In 2012 the age of artist within the high ten was round 36 years outdated the place in 2021 this was all the way down to 26.

“It is a main achievement and confirms the position of the labels in discovering new skills, additionally helped by the Italian tax credit score scheme which allowed the businesses to recoup a 30 % of the funding.”

 Music Enterprise Worldwide

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Italy’s recorded music revenues topped €153 million in H1 2022, marking YoY development of 18.3%. That H1 income haul was up €23.6 million on the €129.4 million generated in H1 2021. These numbers have been confirmed at present (September 1) by FIMI, the group that represents the Italian recorded music trade, and whose members embrace Common…