2012 Report on Spain


Despite a dramatic 80% downturn in revenue value over the last ten years, there is a significant upside
potential in Spain for 360 degree companies handling all aspects of their artists’ careers. In the most part
due to a lack of involvement in many of their artists more lucrative live and publishing areas the Majors
have been holding back on investing in local talent, the local indie companies are gaining ground by
continuing to invest. On extricating both classical and compilation revenues from total market sales,
international share is running only slightly behind that of domestic repertoire and, whilst not condoning the
massive piracy levels, those companies willing to capitalise by making their music videos freely available,
are set to benefit from the increasingly high popularity of online viewing.