Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Music streaming market in Bulgaria on the rise

Photo: IFPI

Revenues from online streaming in Bulgaria have increased by 65% ​​in 2019. The Global Music Report 2020 of the International Federation of the Phonographic Industry (IFPI) shows that 33.2% of streaming services come from the Bulgarian music market. The revenue in the music sector amounts to USD 7.3 million, which is a 22.1% increase on 2018. 

"Overall, digital revenue is far from its potential due to the chaotic and incomplete digitization of Bulgarian music," members of the Bulgarian Association of Music Producers comment. 
The revenue for music performers and producers are expected to grow after the introduction of the unique ISRC codes in Bulgaria in 2020.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

"Love Is Like" (Doppe & Kokke Remix)

Milena Tzanova is a singer who avoids defining her stylistic preferences. That's because her voice is diverse enough in order to unify different styles in her art. After going through various television formats, she decided to..

published on 8/20/24 7:10 AM

Toni Dimitrova and "Do you remember?"

Toni Dimitrova, the singer with a characteristic voice who has become one of the artistic emblems of Burgas, presents her solo concert "Time for Loving" under the open sky. It is part of her national tour, covering 15 of Bulgaria's larger cities,..

published on 8/16/24 5:18 PM

"If there is no love"

Horizont is a band with 40 years of history. Formed back in 1984 by classmates and friends, it has remained true to melodic rock for four decades now. In 1994, the band's first professional performance took place on the stage..

published on 8/14/24 9:50 AM