The balance of the first six months of the year for the recorded music market in Italy is undoubtedly positive: in fact, it marks an overall growth of 14.2%, with a turnover of more than 175 million euros, according to Deloitte data for FIMI, the Italian music industry federation. It is the streaming segment that dominates the Italian scenario, reaching 139 million for an overall growth of 16%, with the subscription segment alone marking +18.2%. Revenues from the ad-supported audio segment are also up, up 22.9%, while there is a slight decline in video streaming revenues of -0.5%. Overall, digital now accounts for 84% of the market, in line with 2022 results. Positive signs also for the physical segment, which covers a 16 percent market share and closes the half-year at +9.4 percent: dominating is the stainless vinyl segment, which grows 14.3 percent and with a reversal for CD, also up 5.3 percent. Noteworthy, especially for this segment, is the impact of the 18app Culture Bonus, which had generated more than 8 million euros by the end of June. The first half also confirms the dominance of Italian repertoire, with the top ten Albums and Singles led by Italian titles.
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