New Spanish chart counts streams, downloads and CD sales

Spain’s weekly Promusicae singles chart will now be compiled using a combination of data related to physical sales, downloads and audio streaming services.

According to international record company body Promusicae, the new 100 track-long chart will convert every 250 streaming listens into a download equivalent.

It replaces Spain’s separate 50 track-long streaming and download charts, and will be compiled in association with Spanish rights organisation Agedi.

In the UK’s Official Singles Chart, the conversion ratio from streams to download is 100:1 – which has become something of a global industry standard. But Promusicae says that the IFPI has established a criteria specifically to suit Spain’s market, thus the 250:1 formula. The ratio will be reviewed every six months.

Streaming already accounts for over 70 percent of digital revenues in the Spanish recorded music industry, with further growth anticipated in the coming years.

Streaming platforms including Spotify, Deezer, Xbox Music and Napster are included in the formula, but YouTube is exempt.

The first combined chart was released yesterday, topped by Dangerous by David Guetta (pictured) featuring Sam Martin.

The track has now reached Platinum status in Spain. Dancing by Enrique Iglesias, which has been on the chart for 41 weeks, moved back up to No.2.

The first classification of the Spanish Chart, then run by the Phonographic and Videográfica Association Spanish (Afyve), dates back to March 1986.

In March 2007, Promusicae launched a separate downloads chart and in July 2013, a standalone streaming list was introduced.

 Music Business Worldwide

Related Posts