It’s the seventh consecutive year of growth FIMI publishes its exclusive 2024 Report For the seventh consecutive year of growth, the Italian recorded music market confirms its vitality with an overall increase of 8.5% in 2024, reaching almost half a billion euros (461.2 million) and positioning as the third-largest important market in the EU after Germany and France. The Expansion of Digital and the Drive of Streaming The driving force is streaming, representing 67% of total revenues and recording 13.5% growth – 308.1 million euros. With a total amount of 95 billion streams during 2024 (up 31% compared to 2023), the most relevant segment is represented by subscriptions – which recorded an increase of 17.1% – while the ad-supported segment remains stable, recording a modest +0.4%: these data confirm the growing interest of Italian consumers in subscription-based models, which offer unlimited access to increasingly larger and more diversified catalogues. The video streaming segment also recorded a significant increase (+14.1%), demonstrating how audiovisual content continues to represent an important lever for music consumption. And despite the physiological decline in downloads (-12.7%), the Italian digital market as a whole reached 312.2 million euros, with a growth of 13.1% compared to 2023.     The impact of the Government’s Culture Cards on the slowdown of Physical Beyond the unstoppable advance of digital, the physical market continues to play an important role, accounting for 13% of total revenues, although overall it recorded a 2.1% decline, settling at 61.3 million euros. This slowdown is due to the replacement of the Italian Government’s Culture Bonus with the new Culture Cards for income brackets and excellent students, which have provided less incentive for purchasing...