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Spain’s Recorded Music Market Continues to Boom With 12.3% Revenue Growth in 2023
In Spain's recorded music market, revenue was up 12.33% in 2023 — according to the new annual report by Promusicae.
“The positive figures of 2023 should not distract us from the significant challenges we face, including improvements in gender equity and support for local production,” said Antonio Guisasola, president of Promusicae, in a press release. The president of Promusicae concluded by adding that “from the sector and the organization we represent, we maintain the maximum disposition to defend the interests of all the Spanish record companies that are developing so much talent.” The complete report is available for download on the Promusicae website, offering a more detailed look at the trends and strategies needed to sustain and expand the impact of Spanish music worldwide.
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