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Italian Recorded Music Up 22%

ROME, Italy (VIP NEWS) — The Italian recorded music market increased in value by 22% in the first half of this year, according to figures published by Deloitte.

Digital revenues climbed by 37% with download sales up 6% and streaming up 37%. Digital now accounts for 43% of the overall market and is worth €28.1 million. Streaming accounts for 26% of Italy`s total recorded music market.

Physical was up 22% to 37.3 million, boosted by a strong domestic artist release schedule, according to the IFPI. Vinyl sales were up 72%.