German music sales grew 9% in 2020 despite pandemic
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German music sales grew 9% in 2020 despite pandemic

German music sales grew 9% in 2020 despite the pandemic with digital reaching 71.5% of the market, up 24.6% from 2019 according to BVMI, the German recording industry association. Retail revenues from recorded music sales and proceeds from the streaming business amounted to €1.79 Bn, up 9% on 2019, with 71.5%, or a good three-quarters of sales, coming from online music use. Audio streaming increased by 24.6% on the already high level of the previous […]

Nielsen Music US Mid Year Report 2019
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US music streaming set to top 1 trillion in 2019

US music streaming set to top 1 trillion in 2019 according to market analysts, Nielsen in their US Music Mid-Year Report 2019. On-demand streaming continues to super-charge the US music industry with more than 507 billion streams in the first half of 2019 with expectations of exceeding 1 trillion streams for the full year. This was led by singles and albums by Ariana Grande, Billie Eilish, Halsey Khalid, BTS, LIl Nas X and Bad Bunny […]