
BY: Daniel Tencer
Spotify’s Loud & Clear initiative, which reveals data about stream counts and royalty payouts on the platform, has unveiled 2024 data for Italy. Royalties generated by Italian artists on Spotify jumped 20% year-on-year in 2024, to nearly EUR €150 million, or around USD $162 million at the average exchange rate for last year.
Italian-language music is seeing a surge in popularity globally. For the first time, Italian-language music joined the “$100 million-plus” club, that is, those languages whose music generates at least $100 million in royalties per year. Italian has joined seven other languages in this club: English, French, German, Japanese, Korean, Portuguese, and Spanish.
SOURCE: https://www.musicbusinessworldwide.com
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