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Introduction

Following 12 consecutive years of falling trade earnings from recorded music sales, Spanish trade body Promusicae has reported a sharp growth for 2014.

Highlights

  • Increased earnings from both physical and digital formats and on-demand access services boosted record company income by 21.1%.
  • The rise reported by the Spanish trade body Promusicae is the first since 2001.

Features and Benefits

  • This research note details recorded music sales in Spain in 2014.
  • This research note compares the trade revenue generated by physical and digital formats.

Key questions answered

  • Why did Spanish recorded music sales rise after 12 straight years of decline?
  • What prompted the sudden turnaround in sales of CD albums?

Table of contents

Ovum view

  • Summary
  • A welcome return to growth
  • Competitive music subscription sector
  • Not out of the woods yet

Appendix

  • Author

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