Some highlights from the report:
"The Czech Republic has a flourishing and rapidly developing music industry. According to the 2022 IFPI report, the total revenue of the Czech recorded music market grew by 13,7% in 2022 amounting to 1637 million CZK (around 68,27 million EUR). Likewise, streaming services saw a 20% increase that same year (IFPI, 2022)."
"There are approximately 400-500 venues in the Czech Republic that regularly host live concerts, many of which only operate during weekends. The most popular music genres for local live music include metal, rock, pop, folk, jazz, drum and bass, techno and electronic."
"The Czech Republic has an active festival scene with around 400 summer festivals, including free events coordinated by cities or villages with artistically more adventurous programming."
"The 2022 IFPI report highlights how 40% of the recorded music revenue for 2022 in the Czech Republic came from subscription streaming services, 18% from ad-supported streaming and 25% from operating rights. Smaller amounts of revenue came from the sale of CDs and Vinyly, and sync. respectively."