German music streaming sales grew 12.7% in first half of 2024
German music streaming sales grew 12.7% in first half of 2024 according to the BVMI, Germany’s recorded music industry association. Total sales were €1.136 Bn, an increase of 7.6% compared to the same period last year (H1 2023: EUR 1.056 billion according to the full-year financial statements for 2023). Demand for physical media fell significantly by 11.9%. CDs (-22.5%) still contributed 8.1% to total sales, while vinyl achieved a market share of 5.9% following renewed growth […]