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<\/a><\/p>\nSpain\u2019s digital market generated \u20ac160.5 million ($187m) in the period, up 10.5% YoY, and made up 88.5% of total revenues.<\/p>\n
Streaming accounted for nearly all of that digital total, at \u20ac159.6 million ($186m), up 10.8% YoY.<\/p>\n
Ad-supported audio streaming revenues rose 7.1% YoY, while ad-supported video streaming revenues fell 8.5%.<\/p>\n
That inverts the pattern of a year earlier, when MBW reported<\/a> that ad-supported audio revenues had dropped 15.4% YoY to \u20ac18.6 million in H1 2025, while ad-supported video grew 1.3%.<\/p>\n Permanent downloads were close to flat, up 0.4%, which Promusicae said confirmed \u201cthe expansion of access models as opposed to digital ownership ones.\u201d<\/p>\n Spain\u2019s physical market grew 20.3% YoY to \u20ac20.9 million ($24m) in the first half of the year.<\/p>\n Vinyl revenues rose 27.7% YoY to \u20ac15.3 million ($18m), and now make up 73% of physical sales in the market.<\/p>\n CD revenues rose 4.3% YoY, according to Promusicae.<\/p>\n Promusicae also tracked the longer arc of the subscription business in Spain, noting that paid subscription revenues stood at \u20ac45.1 million in H1 2020, and have grown 168.2% in the six years since.<\/p>\n \u201c[R]esults of first half 2026 confirm the Spanish recording industry strength,\u201d said Antonio Guisasola, President of Promusicae, \u201cand the sector\u2019s ability to keep creating value through the investment in talent, innovation and development of new business models.<\/p>\n \u201cThe combination of an increasingly consolidated digital ecosystem and the strength of physical format, especially of vinyl, enables us to tackle the second half with positive prospectives for the entire sector.\u201d<\/p>\n Guisasola added that subscription take-up in Spain remains too low, and that part of the growth in the model is coming from what he called \u201cadjustments on the offer value.\u201d<\/p>\n Spotify<\/a>\u2018s standard Premium plan in Spain rose from \u20ac10.99 to \u20ac11.99 per month during the second half of 2025, with the listed price in Spain already showing the increase<\/a> by early August.<\/p>\n Those higher prices applied across the whole of H1 2026, and for none of the H1 2025 period against which Promusicae\u2018s new figures are measured.<\/p>\n Spain\u2019s overall growth rate has accelerated from the 10.4% YoY that Promusicae reported for H1 2025, even as subscription growth slowed from 18.9% to 15.1%.<\/p>\n Across full-year 2025, Promusicae reported that Spain\u2019s recorded music market grew 13.7% YoY to \u20ac409.5 million<\/a> in wholesale revenue, a total that also counts sync income and neighboring rights collected by Spanish society AGEDI.<\/p>\n On the sales-only basis used for the half-year figures, 2025 generated \u20ac343.7 million.<\/p>\n Paid subscription streaming rose 19.2% YoY across that year to \u20ac214 million, while physical revenues grew 31.6%.<\/p>\n Spain\u2019s growth rate ran well ahead of Germany\u2018s, where trade wholesale revenues grew 5.4% YoY to \u20ac670 million ($782m) in the first half of 2026, according to German trade body BVMI<\/a>.<\/p>\n The United States also grew more slowly than Spain, with the RIAA<\/a> reporting on Tuesday (September 1) that wholesale recorded music revenues rose 6.9% YoY in the first half of 2026.<\/p>\n Spain was the world\u2019s 7th largest recorded music market in 2001, before an 80% collapse over the following 12 years<\/a>, to around \u20ac124 million in 2013 (on a retail basis). Promusicae has attributed that decline in significant part to digital piracy.<\/p>\n