Latin’s Bridge to Europe: How Spain’s Music Scene Is Thriving

On the evening of July 23, 2024, the last night of her global tour and her fourth sold-out date at Santiago Bernabéu Stadium in Madrid, a visibly emotional Karol G told the crowd of 55,000: “I’m going to say that truly, tonight will be the most amazing of my life.”

It was, at the very least, a grand finale to the highest-grossing tour ever by a Latin female artist, grossing $313.3 million across 56 concerts, according to Billboard Boxscore. Karol G’s Madrid shows were also record-setting, selling 220,000 tickets and making her the first artist to sell out four shows at the stadium, which finished renovations earlier in 2024.

The fact that a Latin American artist could move so many tickets in a major European city underscores Spain’s growing importance as not just a bridge for Latin music between the Americas and Europe but also a place for music in Spanish — the new global pop — to grow.

In 2023, Spanish promoters and venues reported gross ticket sales of nearly 579 million euros ($604.5 million) to Spain’s Association of Music Promoters, an extraordinary 26.5% increase from revenue of 459 million euros ($479 million) in 2022. While Karol G, Luis Miguel and Taylor Swift brought stadium headlining tours to the country, according to its ministry of culture, Spanish talent is also robustly represented at the stadium level with recent shows from Manuel Carrasco and Dellafuente.

Numbers from the country’s ministry of culture, compiled by the legal and business management firm Sympathy for the Lawyer, show that 40.5% of concertgoers in 2024 attended shows of Spanish pop/rock, followed by 11.1% who went to see canción de autor (similar to singer-songwriter performances).

Meanwhile, beyond the live scene, Spain’s music consumption has grown exponentially.

According to year-end numbers reported by Promusicae, Spain’s music industry trade group, there were 98.5 billion audio streams across all platforms in 2024, compared with 87 billion the previous year. More than 1,180 artists notched over 10 million streams and 70 had more than 100 million streams.

That report of growth aligns with figures from global music industry trade association IFPI. In its Engaging With Music report, IFPI stated that Spanish music consumers averaged 22.1 hours per week of listening, compared with the global average of 20.7.

Spain’s receptiveness to music of all genres and provenance is evident in its five top-selling albums of 2024. According to Promusicae, Swift’s The Tortured Poets Department was the bestseller, followed by Karol G’s Mañana Será Bonito at No. 2, Spanish artists Quevedo’s Donde Quiero Estar at No. 3 and Saiko’s Sakura at No. 4 and Bad Bunny’s 2022 album, Un Verano Sin Ti, at No. 5.

No wonder labels are increasingly turning to Spain to develop pan-regional artists. Examples include the success of Colombian artist Camilo after the pandemic; Venezuela’s Joaquina, who won best new artist at the 2023 Latin Grammy Awards and whose first tours were in Spain; and Colombian stadium pop-rock band Morat, which is signed to Universal Music Spain.

And although Spanish-born artists have a tougher time crossing over into the U.S. and Latin American markets than vice versa, a new generation of acts that includes Quevedo, Rels B, Bad Gyal, Aitana, Arde Bogotá and Rosalía is showing that reaching fans in the Americas may be more feasible than ever.

Fifteen months after the Latin Grammys were held in Spain in November 2023 — the show’s first foray outside the United States — Billboard will host a reception for Spain’s industry leaders on March 18 and recently spoke with some of those executives to ask what’s next for the dynamic market.

‘A Flow Of Cultures In Two Directions’

Given its crucial location as an entryway into Europe and its cultural significance as the birthplace of Spanish, “Spain is a place of fusion between Anglo and Hispanic cultures. It’s a flow of talent and culture in two directions,” says Vicent Argudo, head of music for Prisa Media. “Spain imports Latin styles into the old continent and adapts them to pop. It’s a place for mainstream experimentation.” While Spain for years seemed impenetrable for Latin American genres like reggaetón and regional Mexican, an influx of immigrants, coupled with increasing global acceptance of the Spanish language, has turned Spain into a market that imports and reinvents genres. “Spain gives Latin sounds a pop vision that makes them more accessible to the world,” Argudo says.

A Breeding Ground For International Talent

For José María Barbat, president of Sony Music Iberian Peninsula, Spain is a nonstop talent generator, from Julio Iglesias in the ’80s to Rosalía or C. Tangana today.

“In this context, we’re certain the next big Spanish star is around the corner,” Barbat says. “We continue to see artists with the skills necessary to jump to an international stage, showing there’s not only talent but also an industry ecosystem ready to channel all that creativity.” Proof of that is Arde Bogotá, a Spanish rock band garnering success in an urban world. “It speaks to the importance of keeping an eye out not just for popular genres,” he says, “but for talent coming out of niche genres.”

Artist To Watch: “I’m particularly excited about Lia Kali, a very well-rounded and very young artist we just signed,” Barbat says. “She has a mind-­blowing voice and the ability to cross over in a big way into other Latin markets.”

The Power Of A Cutting-Edge Stadium

The Spanish music industry is experiencing a golden era, a prime example of which, says Live Nation Spain president Pino Sagliocco, is the newly renovated Santiago Bernabéu Stadium and the sold-out shows it has hosted from Spanish artists Hombres G and Alejandro Sanz, as well as Swift and Colombia’s Karol G. “Those tours highlight unprecedented growth in Spain’s music history, breaking records in the years after the pandemic,” Sagliocco says. “The global industry now recognizes the country’s leadership and enormous potential as a key platform for the growth of Latin music in Europe.” While concerts at Bernabéu were suspended last September due to noise ordinance issues, its string of sold-out shows by artists both local and international highlighted the enormous, previously untapped potential of a state-of-the-art stadium in the nation’s touristy capital. “The global industry now recognizes the country’s leadership and enormous potential as a key platform for the growth of Latin music in Europe,” Sagliocco says.

Spanish As The ‘New Normal’

For José Luis Sevillano, CEO of AIE — Spain’s collecting society for performers, with over 35,000 members in Spain alone and representing the rights of over 800,000 performers globally — music in Spanish is on the brink of “becoming a magnificent new normal.” Not only does music in Spanish now top global charts, “but at the same time it’s placed new value on the diversity and plurality of our culture in the entire world,” he says. AIE’s most recently reported numbers registered a 29% growth in rights collection last year compared with 2023, and AIE’s study on consumption habits in Spain also found that Spanish-­language music was more listened to than English-­language music on streaming platforms. Plus, after 30 years of work, Spain adopted new legislation providing better compensation and working conditions for artists and musicians. “This will eventually lead to a more just and balanced music ecosystem,” Sevillano says, “which is basic in allowing creators to develop their talent to its full potential.”

Challenge For 2025: “Finding a responsible, respectful and balanced development of [artificial intelligence] for artists,” Sevillano says.

A Streaming Boom

Streaming dominates Spanish music consumption, accounting for nearly 90% of the market, according to Promusicae. Meanwhile, Spanish artists have become major streaming draws worldwide. In 2023, Spanish acts generated royalties of more than 123 million euros ($128.5 million) on Spotify, which is almost four times the royalties they generated on the platform in 2017, according to Spotify’s head of music for Southern and Eastern Europe, Melanie Parejo. That growth “is reflected in local consumption but also in the capacity to generate global business,” Parejo says, noting that over 50% of all royalties generated by Spanish artists on Spotify in 2023 came from listeners outside of Spain. In 2024, Rels B was the Spanish artist most listened to outside of Spain.

An ‘Explosion’ Of Talent

What was once an insular market is now having an international impact. “The Spanish music industry has undergone a radical transformation in the last decade, becoming a market with great global projection with artists like Rosalía, C. Tangana, Quevedo and an explosion of indie proposals like La La Love You,” says Carlos Galán, host of industry podcast Simpatía por la Industria. “Stylistic barriers have been broken, and even the chasm that existed between alternative and mainstream has grown smaller.”

Challenge For 2025: The fact that “every day there’s a new festival” is huge, Galán says. “But truly, it’s a bubble I’m afraid to see burst. All have identical lineups, little innovation and no one is betting on emerging talent.”

Sponsors Serious About Music

Few brand initiatives surrounding music are as complex and developed as Banco Santander’s Santander SMusic. The bank offers a 360 media platform that includes editorial content and live performances, in addition to its branded events, concerts and partnerships with labels and artists. “In a year we’ve executed over 235 presales and sold 600,000 tickets, becoming a point of reference for music in Spain and creating a complete ecosystem of exclusive content,” says Felipe Martín Martín, Santander España’s director of media, sponsorships and events. Santander’s SMusic has partnerships with festivals including Mad Cool, Sonorama and Rockland, as well as with companies like Universal, Sony and Los 40. But Martín Martín is especially excited about the growth of music tourism in Spain, “maximizing that No. 1 spot Spain has held in the global ranking of tourism to music festivals since 2022.”

An International Gateway

Spain’s geography offers easy access from both the United States and Latin America and to the rest of Europe. “It has the potential [to be a] port of entry for Latin artists to other European markets, particularly the U.K., France, Italy and Germany, who all provide strategic opportunities in the live market,” says Narcis Rebollo, president/CEO of Universal’s Global Talent Service, which manages and books over 100 artists including Aitana, Pablo Alborán, David Bisbal, Lola Índigo and Joaquina. The potential is already being realized in Spain, where ticket sales jumped more than 26% from 2022 to 2023 and more than 250% in the last decade, according to Spain’s Association of Music Promoters.

Growing Trend: “Brand investment in music has grown more than 100%,” Rebollo says, “with music being used as a new driver for brands to position their products.”

A Good Partner

Spain’s impressive market stats, including its sizable listening and streaming growth per capita, make it a source of local talent and a priority for imported talent. “We’re listening to more than 260 million songs per day,” Warner Music Iberia president Guillermo González Arévalo says. “Coming to Spain to promote their new albums has had a great return on investment and recognition for artists like Dua Lipa, Myke Towers, Coldplay, Charli xcx and Linkin Park, who have charted high on our charts paving the way for their next tours.” In 2024, Towers was the most listened to artist on Spotify in Spain.

Looking Forward: Warner is also expanding activity in its recently opened music hub in Madrid. “Each day more music is written, and there are more collaborations created with Latin artists,” González Arévalo says.

A Flexible Market In Constant Evolution

Spain’s music market is known today for its strong festival culture and its affinity for music in Spanish, regardless of origin — and it has been receptive to new trends of late. In November 2023, the popular reality music competition Operación Triunfo relaunched on Amazon Prime Video. “It highlighted the extraordinary capacity of the format to adapt to new digital consumption trends, bringing in traditional viewers and new generations,” head of Amazon Music Spain Claire Imoucha says of the show, which will return in September. Christmas music also got a boost in new formats, with artists like David Bisbal, Niña Pastori, and Camilo and Evaluna (who had an Amazon Music Original song in November) reimagining traditional repertoire and “consolidating Christmas as a key consumption period.”

What Comes Next: “Spanish music is living an extraordinary moment, with genres like rock and flamenco displaying their capacity for evolution and renovation,” Imoucha says. “Artists like Arde Bogotá and Carolina Durante are leaders in a new rock scene, and artists like Israel Fernandez, María José Llergo and Ángeles Toledano are bringing a contemporary twist to historic genres.”

A Consolidated Value Chain

“Our music industry is a very professionalized industry in every sector of its value chain,” Promusicae president Antonio Guisasola says. “In addition, we have great artistic talent that is mixing genres and renovating the different roots genres of the many cultures that coexist in Spain.” A sign of maturity of the market was the launch of its Spanish Academy of Music, “where all music professionals in the country get together to honor the work we did in the year,” Guisasola says, and the first Academy of Music Awards took place last June.

Beyond Major Cities

The growth of Spain’s music scene has translated to consumption outside major cities, says Alfonso Santiago, CEO of concert promoter Last Tour, which also puts together the annual BIME conferences in Bilbao, Spain, and Bogotá, Colombia. “There’s a wide spectrum of cities beyond the big capitals that have good venues and audiences that respond favorably,” he says. That openness is particularly evident and growing among younger generations. “Traditionally, adult fans have been more close-minded,” he says. “I’m excited to see a young audience open to discovering new things.”

A Rich Culture

Spain’s location has helped foster its rich musical output. “We have a confluence of music from Latin America, Northern Africa, local folklore and, of course, our great contribution to the world’s art, flamenco,” Sony Music Spain GM Blanca Salcedo says. Sony’s new 5020 Studios have become a perfect place to mine that cultural landscape. The studios, which opened a year ago, “are hugely valuable for this purpose,” Salcedo says. “It’s a unique space that combines the best technology, design and services to foster our artists’ creativity.”

A Festival Destination; Many Collaborations

In addition to its massive stadium concerts, Spain hosts nearly 900 music festivals a year, according to the latest Oh, Holy Festivals report. “Spain has established itself as a key market for tours and festivals, positioning itself as a global tourism destination for music,” says Jorge Iglesias, founder and CEO of concert promoter Iglesias Entertainment. In addition, a series of very successful cross-cultural collaborations — including Quevedo and Bizarrap’s “Bzrp Music Sessions, Vol. 52,” which topped Billboard’s Global 200 and Global Excl. U.S. charts in 2022 — has renewed interest in the country as a talent incubator.

A Prominent Indie Scene

The diversity of genres in Spain “is richer than ever,” says Believe Spain GM Maite Díez, adding, “The local independent scene has gained great prominence.” Case in point: Indie artist Iñigo Quintero, whose hit “Si No Estás” made history as the first track by a solo Spanish artist to reach No. 1 on Spotify’s global chart. On Spotify, nearly 60% of all royalties generated by Spanish artists come from indie labels or artists, Díez says. By extension, there has been “an explosion of new talent that has gone from the digital ecosystem to massive success,” including Daniela Blasco, a finalist at the Benidorm Fest song contest.

A Mature Industry

Beyond streaming strength, “Spain’s music industry is mature in all its subsectors,” says Soco Collado, president of Spain’s music federation Es Música, which represents and promotes the industry’s collective interests. “We have huge established artists, a young scene creating spectacular things and the companies working at every level are very solid and are investing,” she says. The sustained growth of streaming stands out for Collado, and she’s particularly excited about a new generation of very young female artists who are “super committed and creating musical marvels,” including flamenco artists María José Llergo, Angeles Toledano and La Tania.

New Opportunities

Universal Music Spain co-managing director Alicia Arauzo was struck by the recent success of David Bisbal’s Todo Es Posible en Navidad, which topped Promusicae’s albums chart in December. “It feels like we tapped a local vein with Christmas music, opening up an eternal opportunity [for the music],” she says. The proliferation of stadium concerts has also been a breakthrough for Spain, she says, along with “the growing strength of female talent, both local and international.”

This story appears in the March 8, 2025, issue of Billboard.