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Argentina’s Music Market Continues ‘Remarkable Transformation’ With 8.2% Growth in 2023
The Argentina music market report by CAPIF shows that overall revenue shot up 8.2% in 2023, with digitals sales (streaming) accounting for 75%.
According to the 70-page report, the data reflects the predominance and prevalence of digital consumption in today’s music industry with audio and video streaming dominating the market with 75%. “The music industry in Argentina has experienced a remarkable transformation in recent years,” wrote Diego Zapico, president of CAPIF, in the report. The current state of Argentine music is vibrant and is full of challenges and opportunities, typical of this moment we are living in the country and globally … there’s a possibility of reaching the public through multiple platforms and formats.”
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