Portugal’s music sector revenues up 9% in 1H

The Portuguese music market grew 7% to €39.99 million in the first half of this year, year-on-year, with streaming as the main driver, announced the Association for the Management and Distribution of Rights (Audiogest).

According to a report released by Audiogest this week, in the first six months of this year, the digital segment grew 9% compared to the same period in 2024, which translates to nearly 44% of total sales, according to the figures announced.

“National revenues from digital sales in the first half of this year grew by 9% compared to the first half of last year,” the report states. Sales totaled €39.99 million, of which €17.97 million were from digital.

The document highlights “a relevant niche among collectors” in the area of records, noting that national revenues from physical sales in the first half of this year decreased by 6% compared to the same period last year, totaling €4.83 million.

CD sales fell 20%, but vinyl “leads the physical market, with 74% of sales” in the segment.

As to the revenues from Connected Rights charged and distributed to producers and artists, these totalled €16.8 million – a 10% growth on the same period in 2024.

The “new data confirms the vitality of the Portuguese music industry and its ability to adapt to changing consumption habits,” says Audiogest, which recognizes “sectoral fluctuations” but attests that “the Portuguese music market continues to grow.”

“In the first half of 2025, more than three thousand Portuguese-language music releases were registered by Audiogest members, with 75% of these works being authored by artists with Portuguese nationality,” the report reveals.

In the same communiqué, the General Manager of Aufiogest, Miguel Carreras, stresses the international “recognition and admiration” for Portuguese music, but “its value as an industry and its potential in terms of economic contribution continues to be often underestimated.”

And adds: “It is urgent that politicians recognise the importance of the music industry and safeguard its future from the growing challenges of AI”.