corvus albus 38,031 Posted January 8, 2020 Share Posted January 8, 2020 BERLIN – The German music market hit a major streaming milestone in 2019. GfK Entertainment and the German Music Industry Association (BVMI) announced on Wednesday that music streams broke the 100 billion mark for the first time last year, topping out at 107 billion. That's a 34.6% increase compared to 2018, when Germans generated 79.5 billion streams, and an 89.7% jump from the 56.4 billion streams tallied in 2017. "More than one hundred billion audio streams in Germany in 2019 – this is not only a milestone, it also shows the ongoing considerable dynamics in this segment and thus the acceptance by music fans: Within only two years, since 2017," said Dr. Florian Druecke, chairman of BVMI in comments to Billboard. "Streaming continues to expand its position, but at the same time the other usage formats remain relevant, and our members' offerings continue to range from vinyl to the cloud." According to the figures, Mariah Carey’s "All I Want for Christmas Is You" had the biggest single-day tally for the year, with 3.2 million streams on Christmas Eve alone. Another modern day holiday classic, "Last Christmas" by Wham!, nearly notched 3 million streams on Dec. 24 as well. Other top tracks for the year include "Ronin" by Bushido & Animus and "Tilidin" by Capital Bra & Samra, among others. Druecke noted that the 100 billion mark is based on data from ad-supported and paid music streams with a length of 31 seconds or more. GfK Entertainment managing director Dr. Mathias Giloth said the new figures showed that streaming, while already popular in the country, gained significant momentum among consumers as the year progressed. "New records [were] set on Christmas Eve and New Year's Eve as the days with the highest number of streaming to date with 431 million and 407 million streams respectively," he said. "At the beginning of the year, the daily number of streams was still under 250 million in some cases. This shows that enormous leaps are still possible in the format that has been part of the official German charts since 2014." Source: https://www.billboard.com/articles/business/8547541/germany-music-streaming-100-billion-milestone-bvmi?utm_source=twitter&utm_medium=social Link to post Share on other sites More sharing options...
corvus albus 38,031 Posted January 8, 2020 Author Share Posted January 8, 2020 At the same time: Germany's Music Industry Sees Highest Growth Rate Since Early 1990s BERLIN -- The German music industry grew significantly in the first half of 2019, generating a total of €783.21 million ($882.4 million) from audio streams and the sale of CDs, downloads and vinyl, the German Music Industry Association (BVMI) announced Thursday in Berlin. That marks a 7.9% increase from the same period a year ago (H1 2018: €725.9 million) and marks the highest growth rate since 1993. The industry organization said studio streaming grew by 27.7% and further expanded its position as the number one segment by revenue. In addition, the compact disc stabilized slightly with a rate of decline halved (down 11.7 %)compared to the same period last year, while vinyl continued to grow after a short breather (+7.4 % compared to the same period last year). Downloads declined significantly (-16.3 %), but also somewhat less than in the first half of 2018. Overall, the digital business grew by 21.1% in the first six months of this year to reach a 66% share of total revenues (2018: 56.7%). Accordingly, the physical business (-11 %) accounted for 34 % of total revenues. At 56.4%, audio streaming has the largest share of industry revenues, followed by CDs (28.2%), downloads (6.6%) and vinyl (4.4%). "Streaming is now also having a leverage effect in Germany," said BVMI chairman & CEO Dr. Florian Drücke. "With a digital share of two thirds, the industry shows how far it already is on the way to digital turnaround. The reasons for the dynamic growth rates in (legal) audio streaming are above all, attractive offers, but also the prevalence of smartphones and flat rates." Drücke added, "Fortunately, we are seeing a growing understanding that the rights of creatives and their partners must be protected in the digital environment, and that online platforms must also be held responsible in this context. Reliable rules in the market remain essential with regards to the digital licensing business. When implementing the European copyright reform, it is therefore important that the German legislator enters into a factual discussion after the heated debate that had accompanied the adoption of the directive." Frank Briegmann, CEO & president of Universal Music Central Europe and Deutsche Grammophon, said the first-half growth "shows that we are on the right track, and proves that the German music market is still benefiting from the coexistence of digital and physical formats." Bernd Dopp, chairman & CEO of Warner Music Central Europe said the label was "very pleased that the music market as a whole is clearly on an upward trend again... With a streaming share of 66 percent on the market as a whole, we continue to see strong growth and a steady inflow of new target groups. However, the saturation rates known from other markets are still far from being reached in Germany, so that we continue to see significant upside for growth here. The stabilization in the physical sector is also positive for us, so we are optimistic about the second half of the year." Source: https://www.billboard.com/articles/business/8519528/germany-music-market-2019-growth-rate-streaming-cds-bvmi Link to post Share on other sites More sharing options...
Mirages 20,259 Posted January 8, 2020 Share Posted January 8, 2020 75% of those streams is @DiamondKing bopping to 7 rings I'm the bitch that's fragile Link to post Share on other sites More sharing options...
TSUNAMI 21,088 Posted January 8, 2020 Share Posted January 8, 2020 The year I moved to Germany. I'm gonna save LG6 Link to post Share on other sites More sharing options...
TheSlash 14,539 Posted January 8, 2020 Share Posted January 8, 2020 42 minutes ago, corvus albus said: "Ronin" by Bushido & Animus and "Tilidin" by Capital Bra & Samra That's all nice, but did it have to be such bullsh!t like this one - out of all the music on Earth . Ew, David! Link to post Share on other sites More sharing options...
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