Number of record labels in Italy 2019, by region

In 2019, Italian record labels concentrated in few regions. Data from October 2019 indicated how the greatest number of Italian record labels was in Lombardy, Emilia Romagna and Veneto with 344, 178 and 108 record labels, respectively. This can be associated to the number of record stores in the country, mainly located in these three regions, and Lazio as well.

Death of physical music?

The activities of record labels and record stores are often related to the market of physical music in general. In 2019, while the value of the Italian music streaming market reached about 121 million euros, the market value of physical music decreased to 53 million euros.

Record labels and music streaming: global overview

The business of record labels must not be considered as opposite to the music streaming industry. Record companies had to differentiate their business in order to generate revenues, aside from physical music. Globally, big record labels like Universal, Sony or Warner had significant market shares in the streaming sector and the revenues generated from streaming increased from 1.8 to 4.3 billion U.S. dollars only in the years between 2015 and 2017.

Number of record labels in Italy as of October 2019, by region

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Source

Release date

October 2019

Region

Italy

Survey time period

2019

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Statistics on "Music industry in Italy"

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