Copyright Revenues of Italian Music from Abroad Grew by 7.6% Between 2018 and 2021
A report released by SIAE and Italia Music Export reveals that the growth of Italian music in the world affects not only consumption but also revenues in copyright. Måneskin lead the trend
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Italian music is growing on an international scale, in terms both of consumption and revenues generated by copyright. Between 2018 and 2021, copyright revenues coming from abroad grew by 7.6%, as revealed by a report released by SIAE and Italia Music Export.
2021 saw a growth in revenues for the Italian music industry internationally. The trend continued in H1 2022. Måneskin are largely responsible for this, as their songwriting credits rank first globally (but also in Europe and in the “under 35” category). Besides them, there are both classics of Italian music (like the great Domenico Modugno) and top artists of Euro dance such as Eiffel 65.
Urban and hip hop are also represented. Among the most successful Italian songwriters under the age of 35 in the world, we find Rocco Hunt (#4) and Zef (#5), followed by thasup, Charlie Charles, Mahmood, Capo Plaza, Sfera Ebbasta, among others.
Here is the complete report (in Italian).
The statements from SIAE
«For years, SIAE has been encouraging and supporting the growth of Italian music outside the national borders», said Matteo Fedeli, managing director of the collecting society. «To do this concretely, in 2017 it created Italia Music Export, a department aimed at financing songwriters, publishers, labels, managements in their strategies of music export. The results confirm the righteousness of our choice and encourage us to keep supporting the younger generations».
Nur Al Habash, COO of the foundation Italia Music Lab (which includes the music export department), added: «Italia Music Export launched vertical initiatives of support of the Italian music industry that already show their results. More than 450 artists and 180 professionals received financial support for their activities abroad. More than 400 companies and professionals received training and personalized advice for their strategies of internationalization».
About Italia Music Export
Italia Music Export was launched by SIAE in November 2017. It is the first Italian office dedicated to the support of the growth of Italian music outside the country. It does that with a platform of networking (both in Italian and English), financial support, training sessions for the professionals of the music industry, partnerships with festivals, events with foreign industry insiders.
