The German music industry grew by 7.9% in first half of 2019 according the BVMI, the German record industry association in its Half Year Report. In the first six months of the year, the industry generated a total of €783.21 million from audio streams and the sale of CDs, downloads and vinyl. This is 7.9% more than in the same period of the previous year (H1 2018: €725.9 m) and marks the highest growth rate […]
Convert2MP3 stream ripper closed down following action coordinated by IFPI and BVMI on behalf of their member record companies. The Germany-based site which had 684 million visits over the past 12 months and was one of the world’s most-used stream ripping sites has agreed to shut down, surrender its domains and not infringe the rights of record companies in the future. After legal action was brought in Germany against Convert2MP3 for large-scale and sustained violation […]
The BVMI, Germany’s recorded music industry association has reported no growth for the German music market in 2018 which achieved sales of €1.582 Bn – a small decline of 0.4% less than in 2017. Final figures for 2018 show that audio streaming, which continued to soar (+ 33.5%), now accounts for 46.4% of the market with CDs still the second strongest seller with a market share of 36.4% despite a decline of around 20%. Downloads contributed […]
Streaming continues to grow in Germany during 2018 according to preliminary sales figures released by BVMI, the German record industry association. The number of audio streams in 2018 grew year on year by just over 40% to a record total of 79.5 Bn. While the number of CDs sold, 48.2 million, represented a 23% drop compared to 2017, the compact disc is now in its 36th year following its launch and is still the second […]
Streaming overtakes CD sales in Germany growing by 35.2% in the first half of 2018 to become the largest segment of the recorded music market with a market share of 47.8% according to BVMI, the German music industry association. From the late 1980s, CDs enjoyed an almost 30-year reign as the dominating format of music consumption Today, however, they have a market share of 34.4%, with sales down by 24.5% compared to the first half […]
Germany’s Music Industry Association (BVMI) has released figures showing that sales figures for Germany’s music industry in 2017 have come in at nearly the same level as in 2016. Streaming continues its robust growth with physical recordings significantly less in demand. Revenue from the sale of CDs, records, DVDs and downloads as well as from streaming services totalled €1.588 billion in 2017 which marks only a slight decline of 0.3% compared to the previous year. […]
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