The Coronavirus pandemic that has taken various parts of the world into its clutches, has resulted in many concerts being cancelled or pushed ahead. The highly contagious virus that originated in China's Wuhan city, spread across the globe in no time.
Spain’s Recording Industry Facing 100M Euro Loss Due to Coronavirus
02.04.2020 - 03:19 / billboard.com
Spain’s music boom “did not last long,” laments industry association Promusicae’s Antonio Guisasola.BARCELONA — Spain’s recording industry will suffer a direct hit of at least 100 million euros ($109 million) in losses due to the coronavirus outbreak, according to Spanish industry association Promusicae.
The dire prediction comes in the face of news that recorded music sales in Spain peaked in 2019, when intake rose to 296.4 million euros ($324 million), up more than 22% over 2018. Those
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