Live Music in Spain Generates Over $6.8 Billion in 2025
A new study by Sympathy for the Lawyer and Incentiva Music quantifies the total impact of concerts and festivals on the Spanish economy.
Black News 
For every euro spent on a concert ticket, more than seven euros are generated in the economy. That is one of the key findings of a report published on Thursday (April 16) by Sympathy for the Lawyer (SFTL) and Incentiva Music, which estimates the economic activity generated by concerts and festivals held in Spain in 2025 to be €5.812 billion ($6.875 billion). If unofficial segments such as electronic music in clubs, free concerts, or classical music are added, the figure rises to €6.393 billion ($7.563 billion).
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Official ticket sales amounted to €807.2 million ($954 million), marking a new all-time high according to the 2026 Yearbook of the Asociación de Promotores Musicales (APM), with an 11% growth compared to 2024. This activity is divided into three parts: direct impact accounts for €1.261 billion ($1.491 billion) within venues, from ticketing to merchandise and VIP experiences; indirect impact totals €3.210 billion ($3.797 billion), tied to spending on accommodation, dining, and transportation; and induced impact adds €1.341 billion ($1.586 billion) derived from the multiplier effect of wages and profits.
Music ticket sales are on par with matchday revenues from professional soccer in Spain, which reached €902 million ($1.067 billion) according to LaLiga in the 2024-25 season. Including segments not covered by the APM, live music would approach €1.005 billion ($1.188 billion). Compared to cinema, the gap is wider: music generated 78% more revenue in 2025, with €453 million ($535 million) according to Comscore. Over two years, music grew by 34%, while cinema declined by 6.5%.
By region, the sector remains concentrated in the main markets. Madrid leads the activity with €237.2 million ($280 million), accounting for 29.4% of the total. It is followed by Catalonia with €163.2 million ($193 million) and Andalusia with €108.7 million ($128 million). Together, these three regions account for 63% of the national revenue, with Madrid and Barcelona alone concentrating nearly 46%.
This is the third consecutive year that SFTL and Incentiva Music have published this study. The previous edition estimated an impact of €5.314 billion in 2024. The methodology follows the Oxford Economics approach and measures the total economic activity of the sector.
