Did you know that some of the world’s biggest hits with artists like The Weeknd, Katy Perry, Zara Larsson, BTS and many more were written by Swedish songwriters?
Also, did you know that the Swedish music industry turnover hit over EUR 1.16 billion in 2019?
In 2020 alone, as much revenue was eradicated as it took a decade to build up. Due to COVID-19, over EUR 500 million were lost compared to the previous year.
The downturn was almost entirely attributable to the live music market, while the music copyright market was less affected. Don’t worry, Tangy Market let’s you invest in copyright 😅
For over a decade, we have produced the statistics report “The Swedish Music Industry in Numbers” for Musiksverige.