MUSIC SALES in Portugal suffered a 24 per cent fall last year, according to data released by the Associação Fonográfica Portuguesa (AFP). The figures reflect the general crisis in the sector both here and abroad. The Portuguese spent 70 million euros on music in 2004, 20 million euros less than the previous year, according to the AFP’s figures. With regard to music formats, all saw a decrease with the exception of cassettes and singles as their sales increased by 6.7 per cent and one per cent, respectively. The most popular format, CDs, suffered a decrease in sales of 24 per cent, while the mini-disc practically disappeared from the market. The most recent format, super audio CD (SACD), experienced a shock fall in sales of 80 per cent. However, music videos seem to have become more popular, registering a 53 per cent sales increase last year.
May 25, 2023 Edition
PORTUGAL RESIDENT
Printed Edition