Spain's recorded music market in 2005 shrank by 5.7% in value to €407 million ($488.5 million), labels' body Promusicae said on Thursday (March 30). During the same period, shipments of soundca
Spain's recorded music market in 2005 shrank by 5.7% in value to €407 million ($488.5 million), labels' body Promusicae said on Thursday (March 30). During the same period, shipments of soundcarriers fell by 5.2% in volume to 39.4 million units.
The trade group did not break down the corresponding value figure for each format.
Promusicae said today that online sales in Spain last year topped €11 million ($13.2 million) in value, of which 85% was accrued from mobile telephone sales and 15% via the Internet. A total of three million tracks were downloaded legally in 2005, it noted. This compares to roughly 350 million illegally downloaded titles, according to a report by market research firm Millward Brown.
Promusicae president Antonio Guisasola said the organization -- Spain's affiliate to the International Federation of the Phonographic Industry -- hoped to reveal its first online music sales publication before the summer, citing "technical problems with some operators" for the delay.
Sony BMG Spain was albums market leader in 2005, with a 27.2% share. Warner Group Spain was next up with 19.7%, followed by Universal Music Spain with 16.9%, EMI Spain with 15.7%, and indie label Vale Music with 10.9%. CD albums represented some 93% of all music sales.
The top-selling album was Amaral's "Pájaros En La Cabeza" (EMI), followed by El Canto Del Loco's "Zapatillas" (Sony BMG), and Il Divo's "Il Divo" (Sony BMG). Four of the top five albums were Sony BMG releases.
The only new artist in the top 20 album sales list was Diana Navarro, whose "No Te Olvides De Mi" (DRO/Warner Music) was ranked No. 17. The top selling single was Madonna's "Hung Up" (Warner Music).