PROMUSICAE publishes the White Book of Music 2013

29 November 2013

PROMUSICAE -the Spanish association of music producers has presented the White Book of Music 2013, an interesting study that comprehensively analyzes the health status of the music industry in Spain.

An interesting fact revealed by the study is that the music represents 0.49 percent of the GDP of the Spanish economy and the economic impact (direct and indirect) of the music industry in Spain amounted to over 2012 more than 5.058 million euros.

Another interesting fact in this report is that the digital market goes from 34% in 2012 to 46% in 2013, being a growing market, while growth in Spain is detected to be lower than other EU countries.
Negative conclusions also come out from the study, as the remarkable decline in sales of recorded music and physical formats.

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