German recorded-music revenues fell slightly in 2018
Posted on: 7 mars 2019, by : Stuart Dredge

In lots of countries around the world, the recorded-music industry has bounced back to growth. Last week, for example, the RIAA announced that US revenues grew by 12% in 2018. In the UK, the growth last year was 8.9% according to the BPI and ERA.
The story in these countries is that the growth in record labels’ revenues from streaming – and particularly streaming subscriptions – is more than making up for the continued sharp decline in sales of CDs and downloads.
What about countries where CDs are still the main source of revenues for labels? It’s not quite as rosy a picture, as figures published this morning by German industry body BVMI show.
The post German recorded-music revenues fell slightly in 2018 appeared first on Music Ally.
Source: Music ally

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