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

Preyah - ''Vseki Den''

Always vibrant, Preyah captures attention with her new single ''Vseki Den'' (Every Day). The singer has left a special message based on a very personal story. As the author of the lyrics, Preyah drew inspiration from her long-term partner, with whom..

published on 10/26/24 8:50 AM

Robi - ''Tiho''

Roberto Nikolov, known as Robi, is tireless. After releasing his album "Dvamata'' this spring, including the music hits "Nikade" (Nowere) with Molec Duo and "Ako Se Obadish" (If You Call) with Dara Ekimova, he is now ready with a new collection...

published on 10/25/24 2:26 PM

The Big Band of the Bulgarian National Radio opens its season

The Big Band of the Bulgarian National Radio , conducted by Antoni Donchev, starts its new season tonight with a concert in Studio 1 of the BNR.  The programme features original music by Dimitar Bodurov - a Bulgarian pianist, composer and..

published on 10/24/24 7:55 AM