• Sweden's news in English
 
app_header_v3

Surprise boom for Swedish music industry

TT/The Local · 13 Jul 2012, 10:53

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.

Story continues below…

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
Masked men on mopeds shoot four in Malmö
Censorgatan in Fosie is a relatively quiet residential area in Malmö. Photo: Google Maps

At least four people have been injured in a shooting in southern Malmö.

78-year-old crowned Sweden's best grower of oilseed rape
Gunnar Henningson celebrates his well-deserved victory. Photo: Svensk Raps

"This is one of the happiest days of my life,” said 78-year- old Gunnar Henningson, after being crowned Sweden's "Rapsmästaren".

Sweden to bring in tighter rape laws to up convictions
Mari Heidenborg, president of the Sexual Offences Committee wants to drop the Swedish term fro rape Våldtakt. Photo: Claudio Bresciani / TT

Swedish lawmakers are to propose adding a controversial consent clause to the country’s rape laws.

Sweden's centre-right voters up for deals with populist SD
Jimmie Åkesson with Centre Party leader Annie Lööf and Moderate leader Anna Kinberg Batra. Photo: Jonas Ekströmer/TT

A growing majority of voters for Sweden’s four-party centre-right Alliance support working with the anti-immigrant Sweden Democrats.

Coeliac disease not caused by early weaning: Swedish study
Carin Andrén Aronsson now plans to investigate why Sweden has such high levels of coeliac disease. Photo: Polarbrod

Mothers who stop breastfeeding early are not to blame for their children developing gluten intolerance, a new Swedish study has found.

Zlatan look-a-like storms pitch as Man U take on champions
A grinning Zlatan pushed the man away with the palm of his hand. Photo: YouTube

Zlatan fever has hit the UK, with a look-a-like storming the pitch on Saturday only to be palmed off by the grinning Swedish star.

Russian Sweden Democrat aide resigns over suspect deal
'Egor Putilov' had access to all areas of the Swedish parliament: Photo: Riksdag

A Russian-born political secretary for the Sweden Democrats has resigned after making six million kronor ($0.7m) in a property deal with a St Petersburg businessman.

Trump an 'embarrassment' Springsteen tells Sweden
Bruce Springsteen tells SVT talk show host that Trump is an 'embarrassment' to the US. Photo: SVT/Youtube

Rock legend Bruce Springsteen has described Donald Trump as an embarrassment to the United States in an interview on Sweden's Skavlan talk show.

'World class' developer told to leave Sweden over admin slip
Software developer Tayyab Shabab. Photo: Private

Tayyab Shabab has a house, a job and pays tax in Sweden, but he has now been told he must leave within three weeks.

Police release men held over bomb threat on refugee home
Police officers outside the building. Photo: Robert Nyholm/TT

UPDATED: Two men arrested after a bomb threat was made against a home for refugees in Boden, northern Sweden, have been allowed to leave custody.

Sponsored Article
Let's Talk: a personal Swedish language tutor in your pocket
National
Muslim teacher leaves job after not shaking male colleague's hand
Sponsored Article
‘I view the world in a different way now’
Travel
Why we adore autumn in Sweden
Gallery
People-watching: September 21st
Blog updates

7 September

Svensk or svenska? (The Swedish Teacher) »

"Hejsan! My inbox is full of questions :-). Here’s one about when to use “svensk” and…" READ »

 

23 August

A Summer in Sweden (The Diplomatic Dispatch) »

"For our first year here in Sweden we decided to have all our holidays in Sweden.…" READ »

 
 
 
Sponsored Article
'Creating a sense of home': Collective living in Stockholm
National
Stockholmers hunt killer badger after attack on neighbourhood hipster cat
Sponsored Article
Life in Jordan: 'Undiscovered treasure'
The Local Voices
Why this Russian developer is committed to helping refugees - with tech
National
Six key points in Sweden's budget plan
The Local Voices
How a Swedish name finally made recruiters notice this Iranian's CV
Sponsored Article
Gran Canaria: 'So much more than beaches'
Gallery
Property of the week: Luleå
Sponsored Article
Why Jordan is the ‘Different’ East
Gallery
People-watching: September 16th-18th
Culture
Why Swedish TV has given these kids' trucks a sex swap
Sponsored Article
How to vote absentee from abroad in the US elections
National
TIMELINE: Everything you need to know about the Julian Assange case
Sponsored Article
Why Jordan is the ‘Different’ East
Gallery
People-watching: September 14th
Politics
Why Sweden is putting troops on holiday dream island Gotland
Sponsored Article
Retiring abroad: ensuring your health is covered
The Local Voices
'What I mean when I say: I came here to blow myself up'
Sponsored Article
'There was no future for me in Turkey'
Society
VIDEO: Are Swedes that unfriendly?
Sponsored Article
7 reasons you should join Sweden’s ’a-kassa’
Features
INTERVIEW: How Arthur the jungle dog opened hearts and minds
Gallery
Property of the week: Smögen, Västra Götaland
Society
Sweden's ancient forest tongue Elfdalian fights for survival
National
Where Sweden's foreigners are from
Gallery
People-watching: September 9th-11th
The Local Voices
Shakib, 23, works and pays taxes — but will Sweden let him stay?
National
Watch this Swede roll his kayak without spilling his beer. Respect.
Gallery
People-watching: September 7th
The Local Voices
'Swedes are polarized on refugees - it's the welcome mat or the exit door'
National
WATCH: Yes, this Swedish rising star really is Abba legend's grandson
The Local Voices
'Whenever I apply for jobs I’m treated like an unwanted stranger'
The Local Voices
Is Swedish bosses' ignorance keeping refugees out of jobs?
2,970
jobs available