According to numbers released by FIMI the overall economic value of music in Italy in 2023 (according to the IFPI, Deloitte, SIAE, DISMA, GFK data) reached a total amount of € 4.323 billion, the segment of direct contributions is equal to € 3.076 billion, demonstrating a great prestigious value for the Italian music chain. Live concerts, recording industry and copyright revenues drove the sector in 2023
"The Italian musical ecosystem is a very relevant element in the field of the cultural industry" says Enzo Mazza, CEO of FIMI. "In this context, the value of musical recording as a key element in the industry must also be considered, around which increasingly relevant economies are generated thanks to the technological innovation".
