Spain Boosted By Local Talent
Spanish acts including Pablo Alboran, David Bisbal, and Enrique Iglesias have helped the country’s recorded music industry achieve its first year-on-year gain for more than 10 years.
Photo: Adam Bielawski / AdamBielawski.com
"103.5 KISS Jingle Ball," United Center, Chicago, Ill.
A report from PROMUSICAE, the Spanish record industry’s trade association, shows that in 2014 consumer spending on recorded music reached euro 149.9 million ($169.5 million).
Sales were up 21 percent over 2013, which PROMUSICAE described as the worst-ever year for the Spanish music business. Digital sales rose 22.7 percent year-on-year and now account for 42 percent of the market.
“The favorable performance of new digital consumption models bodes well in spite of the really modest figures, far from what should occur in a country with such a cultural strength as Spain,” said PROMUSICAE president Antonio Guisasola.