The Finnish music market is dominated by three major international companies Universal Music, Warner, and Sony Music, which accounted for 94,1 percent of the total market in 2023. Universal Music remained the largest music company in Finland, increasing its market share to 35.7 percent. It was followed by Sony Music, with 29.8 percent, and Warner Music, with 28.6 percent. Other independent record labels made up six percent of the total music market.
Market share of music companies in Finland from 2019 to 2023
Characteristic
Universal Music
Sony Music Entertainment Finland
Warner Music Finland
Playground Music
VLMedia
FG-Naxos
Texicalli Records
PME Records
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IFPI. (April 10, 2024). Market share of music companies in Finland from 2019 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/561152/music-industry-market-shares-finland/
IFPI. "Market share of music companies in Finland from 2019 to 2023." Chart. April 10, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/561152/music-industry-market-shares-finland/
IFPI. (2024). Market share of music companies in Finland from 2019 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/561152/music-industry-market-shares-finland/
IFPI. "Market Share of Music Companies in Finland from 2019 to 2023." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/561152/music-industry-market-shares-finland/
IFPI, Market share of music companies in Finland from 2019 to 2023 Statista, https://www.statista.com/statistics/561152/music-industry-market-shares-finland/ (last visited July 22, 2024)
Market share of music companies in Finland from 2019 to 2023 [Graph], IFPI, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/561152/music-industry-market-shares-finland/