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# Growth Slows In Italy’s Recorded Music Market
- URL: https://www.hypebot.com/growth-slows-in-italys-recorded-music-market/
- Published: 2017-03-27T10:23:19.000Z
- Updated: 2017-03-27T10:23:19.000Z
- Description: While streaming and vinyl were both bright spots for the sector, growth in Italy's music market appears to have stalled, growing by just 0.4% in 2016. Overall, the market was worth. Continue reading [https://www.hypebot.com/hypebot/2017/03/growth-slows-in-italys-recorded-music-market.html]
- Author: Bruce Houghton
- Tags: Major Labels, Music Business, 2010 FIFA World Cup, 2014 FIFA World Cup Group D, 2014 FIFA World Cup qualification, 720p, Acquittal, Adriatic Sea, Italy, Japan, Rome, The Japan Times, #wp, #wp-post, #Import 2026-01-21 10:13

[![image from www.celebrityaccess.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d26f3828970c-200wi "image from www.celebrityaccess.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d26f3828970c-popup?ref=hypebot.com)While streaming and vinyl were both bright spots for the sector, growth in Italy's music market appears to have stalled, growing by just 0.4% in 2016\. Overall, the market was worth €149m in 2016, according to figures collected by accounting firm Deloitte for trade association Federation Industria Musicale Italiana, (FIMI).The decline of physical product, which remains 54% of the overall market, was a contributing factor to the slow growth, falling off from last year's figures by 8%. The decline for digital downloads of music was even more precipitous, falling off by 24% from 2015.Strong points for the market included vinyl, which, despite the overall slowing of physical product, increased its share by 52% of that segment, generating €10 million in revenues in 2016\. Streaming was strongly up as well, with subscription services capturing 51% of the digital market and increasing their share of the market by 39.4% year-over-year, while ad-supported streaming revenue rose by 30%. Notably, in the age of streaming as music becomes increasingly borderless, Italian repertoire continued to perform strongly in the market. Out of the top 20 best-selling albums in Italy for 2016, 17 were from Italian artists. via [Celebrity Access](http://www.celebrityaccess.com/?ref=hypebot.com)

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