• Sweden's news in English
 
Surprise boom for Swedish music industry

Surprise boom for Swedish music industry

Published: 13 Jul 2012 10:53 GMT+02:00

Music sales rose by 30 percent in the first half this year compared to the corresponding period in 2011, according to statistics from the Swedish Recording Industry Association (Grammofonleverantörernas förening - GLF).

Spotify and similar digital music services stood for a bulk of the increase, but the decline in CD-sales has also levelled out.

A total of 4.4 million CDs were sold in Sweden in the first six months of 2012, a decrease of just one percent on last year's sales.

Overall, music sales generated a total of 446 million kronor ($63.5 million), according figures from GLF.

Streaming services like Spotify stood for 253 million kronor ($36 million) of the sales, an increase of 79 percent.

Ludwig Werner, CEO of the International Federation of the Phonographic Industry (Ifpi), was surprised by the boom.

"It is of course very positive," he told the TT news agency.

"In our business, we have not exactly been spoiled with increases in sales in the past ten years."

The figures lend further justification to previous claims that Spotify has been helped resurrect the Swedish record industry.

In early 2012, digital music sales for the first time stood for more than half of the record industry's incomes.

While CD sales had fallen, proceeds from Spotify sales surged.

However, illegal file-sharing is also on the rise, especially among young people, despite stringent new laws designed to clamp down on the practice.

According to a survey conducted by the Lund University in January 2012, 61 percent of 15- to 25-year-olds in Sweden share music and other content online.

Earlier this month, Swedish and Danish Skype-founders founders Niklas Zennström and Janus Friislaunched launched, Rdio, a new music streaming service, in Sweden and Finland.

Rdio is seen as a Spotify rival and is also available in the US, UK, Canada, Brazil, France, Germany, Australia, New Zealand, Denmark, Spain and Portugal.

The service offers “millions of songs with no ads”.

TT/The Local (news@thelocal.se)

Your comments about this article

12:00 July 13, 2012 by Paul_225
Music shouldn't be an "industry".
12:14 July 13, 2012 by byke
Why does the local insist on putting nationalism before fact? in an attempt to deceive?

At what point did iTunes account for sales? They are by far the greatest retailer worldwide to digitally distributed music. Then most probably followed by Amazon. However since neither of these companies or brands were not established with a connection to Sweden, as usual TL feels a need to ignore these facts and brush over them with their usual self interest propaganda.

I am surprised a journalists name wasn't printed at the end of this article.

Or was it simply passed on to TL with the instructions from the Führer?
10:27 July 15, 2012 by sharpless
@byke

Well, this article is just a translation from a swedish news agency (TT, http://en.wikipedia.org/wiki/Tidningarnas_Telegrambyr%C3%A5 ).

On the other hand, I found some news from 2009, stating that at least Sony BMG and Universal got more money from Spotify than from iTunes in Sweden, and that's 3 years ago. I think it probably is even worse now. I don't know many that buy music from iTunes.
Today's headlines
SAS to slash costs as profits nose dive
SAS profits took a dive in the fourth quarter. Photo: TT

SAS to slash costs as profits nose dive

Troubled Scandinavian airline SAS reported a sharp fall in net profits for the fourth quarter on Thursday and announced further cost-cutting measures to meet increasing competition from budget airlines. READ  

Swedish Honeymoon Killing
Dewani back in Britain after court acquittal
Shrien Dewani leaving Capetown, South Africa's airport on Tuesday. TT/AP Photo

Dewani back in Britain after court acquittal

British businessman Shrien Dewani arrived back home on Wednesday after being cleared by a South African court of murdering his Swedish bride during their honeymoon READ  

What's On in Sweden
What's On in Sweden: December 12th to 19th
Christmas markets in Stockholm's Old Town. Photo: TT

What's On in Sweden: December 12th to 19th

If you're stuck for a plan in Sweden this week you've come to the right place. Wrap up warm as the festive season gets into full swing across the country, as Umeå prepares to mark the end of its year as a European Capital of Culture. READ  

'Unprecedented' Russian activity: Armed Forces
Commanding Officer Göran Mårtensson. Photo: TT

'Unprecedented' Russian activity: Armed Forces

The Armed Forces have described the recent Russian military activity close to Sweden as "unprecedented", adding that the likes of which haven't been seen since the Cold War. READ  

The Swedish town with the most 100-year-olds
The town has 22 people aged 100 or older. Photo: Shutterstock.

The Swedish town with the most 100-year-olds

Experts have been left scratching their heads as to why a town in southern Sweden has an unusually high number of centenarians - over 40 times more than the country's national average per capita. READ  

Christian Democrats: Cut refugee benefits
Christian Democrat leader Göran Hägglund. Photo: TT

Christian Democrats: Cut refugee benefits

The Christian Democrats have announced proposals to reduce the cost of the asylum process in Sweden, arguing that cuts are necessary to maintain "the legitimacy" of the system. READ  

What's On in Sweden
What's On in Sweden: December 18th to 25th
Gamla Stan's Christmas market. Photo: TT

What's On in Sweden: December 18th to 25th

With a week left until Christmas, the next few days are sure to be a balancing act with last minute shopping, visiting Sweden’s Christmas markets before some close for the year - and, time permitting, checking out some circus performers. READ  

Israel rejects Sweden meet: report
Swedish Foreign Minister Margot Wallström. Photo: TT

Israel rejects Sweden meet: report

Israel's Foreign Minister Avigdor Lierberman has refused the opportunity to meet with his Swedish counterpart Margot Wallström in January, according to Israeli media reports. READ  

Sweden ranked fifth best country for business
Central Stockholm in the winter. Photo: Shutterstock.

Sweden ranked fifth best country for business

Forbes magazine has ranked Sweden as the fifth best country in the world for business. READ  

Explosion rocks outer Stockholm suburb
Damage from the explosion. Photo: TT

Explosion rocks outer Stockholm suburb

A blast shook the Stockholm suburb of Rinkeby during the night, causing significant damage to a local shopping centre. Police are still without any official suspects. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Society
Interview: The Local chats with Melinda Gates
Society
VIDEO: Stockholmers try out some Swedish tongue twisters
Society
Eight things to do when it gets dark in Umeå
National
Inside Sweden's first 'light therapy' school
Finest.se
Gallery
People-watching: December 17th
Blog updates

17 December

An Exclusive Interview with Melinda Gates (Stockholm in my American Heart) »

"This week Nobel peace Prize Winner Kailash Satyarthi urged the world to “globalize compassion”, as he..." READ »

 

14 December

A lot to learn (Blogweiser) »

" I went to the new Starbucks at the swanky Stureplan intersection in central Stockholm. They have a lot..." READ »

 
 
 
Estelle through the years
Gallery
Princess Estelle through the years
Society
Why are there so many 100-year-olds in one Swedish town?
Society
Is it time to better celebrate Sweden's diverse identity?
Gallery
Property of the week: Huddinge
National
Why has The Local got a new logo?
National
CATCH UP: Russian plane in Baltic near-miss drama
Lifestyle
How my compass drew me to Sweden
National
The man whose memory you need to remember
Gallery
People-watching: December 13th - 14th
Sponsored Article
How to get your own office anywhere in the world
Politics
'Our party will stand alone': Stefan Löfven
Society
The Local chats to Ruben Östlund, director of Golden Globe nominated Force Majeure
Lifestyle
Ten things to know before a Swedish party
Lifestyle
What's On in Sweden: December 12th to 19th
Gallery
IN PICTURES: The 2014 Nobel Banquet
National
The Local's guide to the Nobel Prizes 2014
Education
Introducing... Education in Stockholm
Society
The Swedish Christmas market with a twist
Lifestyle
Why do so many Swedes have tattoos?
Society
Get 20% off Swedish Christmas decorations
National
Dewani family: We only heard half the story
Business & Money
Business in Stockholm: 'efficiency is money'
Gallery
Property of the week: Östermalm
National
Meet the Swedes hosting festive feasts for 'lonely' guests
Gallery
TIMELINE: Swedish honeymoon killing murder trial
Gallery
People-watching: December 7th
Gallery
IN PICTURES: What's it like to fly planes in Sweden?
National
Submarine hunters 'robbed' of reward cash
National
The Local's Countdown to Christmas
National
'Dangerous' USB charger recalled in Sweden
Gallery
IN PICTURES: Sweden's King and Queen wrap up France tour
National
Analysis: Should Snowden get asylum in Sweden?
National
Swedish schoolboy in female saint role row
Gallery
IN PICTURES: Sweden's political crisis unfolds
Gallery
People-watching: December 3rd
National
What happened to Sweden's ice bucket cash?
Lifestyle
Top Swedish songs of the month
National
Why a child footballer has a huge legal bill
Lifestyle
Top ten Swedish Christmas presents
Sponsored Article
SIS: the thinking behind globalised learning
Sponsored Article
Introducing... Family life in Stockholm
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

795
jobs available
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
psdmedia.se
The Local Spain is hiring!
The Local is seeking a new editor for our site in Spain to join our growing team of internationally-minded, driven, ambitious and clued-up journalists.
Details and how to apply
Counselling and Psychotherapy in English
Sometimes living in another culture can cause stress, confusion and feelings of sadness and loneliness. Talking to a professional psychotherapist/counsellor might help you. I am a UKCP Reg. psychotherapist. My practice is in Södermalm, Stockholm.
Contact me to discuss your options