UK entertainment sales have 7th consecutive year of growth in 2019
News

UK entertainment sales have 7th consecutive year of growth in 2019

UK entertainment sales have 7th consecutive year of growth in 2019 according to official figures revealed in the Entertainment Retailers Association (ERA) Yearbook. Internet now accounts for 90% of entertainment sales with digital video being the biggest winner in 2019 and PS4 games the biggest loser. Sales reached £7.8 Bn with the biggest winners being digital and the biggest losers being physical sales although they still amounted to £1.4 Bn in 2019. Sales of video, […]

News

Taylor Swift named Global Recording Artist of 2019

Taylor Swift named Global Recording Artist of 2019 by IFPI and is the second time Swift has won the award, the first time being in 2014. Taylor Swift had another successful year releasing her seventh studio album, Lover, in August. The album debuted at number one in more than ten countries and reached three million album-equivalent sales worldwide by the end of its first week of release. Three singles were released off the Lover album […]

French music industry grows 5.4% in 2019
News

French music industry grows 5.4% in 2019

French music industry grows 5.4% in 2019 with streaming now making up 59% of sales according to a recent report by SNEP, the French music industry association. After 3 years of modest growth an 18.5% increase in streaming subscriptions helped the industry grow to €772 million in 2019. The number of subscriptions increased significantly (+1.7 million) and crossed the 10% mark for the first time in 2019. Helped by family subscription offers, 9.4 million French people […]

Streaming up 23% in the Netherlands
News

Streaming up 23% in the Netherlands

Streaming was up 23% in the Netherlands for 2019 contributing to the strongest growth in the Dutch music industry in five years according to NVPI, the Dutch music industry association. With a total turnover of more than €206.8 million in 2019, the Dutch music industry saw an increase of 13.2% – the strongest revenue growth in five years. In 2015, half of the revenue came from streaming, which has now grown to almost 80% making up […]

SOURCE: BVMI - Composition of German market 2019
News

Germany increased streaming by 27% in 2019

Germany increased streaming by 27% in 2019 with an overall increase in revenue for the year of 8.2% according to figures released by the BVMI, the German record industry association. Total revenue for the year came to €1.623 Bn. After two years of minimal decline in 2017 and 2018, the fourth largest music market in the world followed the positive global trend of the past few years in 2019. Several factors contributed to this growth […]

Streaming now accounts for 80% of music revenue in US
News

Streaming now accounts for 80% of music revenue in US

Streaming now accounts for 80% of music revenue in US growing 19.9% to $8.8 Bn in 2019 according to the RIAA’s 2019 year end report. Revenues from recorded music in the US grew 13% in 2019 from $9.8 billion to $11.1 billion representing the fourth year in a row of double digit growth. Growth was fuelled by paid subscription services which reached more than 60 million. Paid subscriptions to on-demand streaming services contributed by far […]

Local music dominates Spanish charts in 2019
News

Local music dominates Spanish charts in 2019

Local music dominates Spanish charts in 2019 with mainly Spanish music in the Top 100 Albums and reggaeton predominating in the Top 100 Songs according to Promusicae, the Spanish recorded music industry association. Streaming continued its growth increasing by a quarter over 2018 so that now more than 10 million Spaniards use an audio streaming service. Physical sales were also up for the first time in the last five years. #ElDisco, the latest release by Alejandro […]