German music market back in the black for the first time

According to the German Music Industry Association and media control GfK, the German music market recorded small sales growth again for the first time in 15 years in 2013.

Photo: JackF - Fotolia.com

According to initial estimates, revenue from the sale of physical sound carriers and downloads as well as income from music streaming rose by around 1 percent to around 1.45 billion euros.

While the digital music market continued to grow as expected with growth of around 12%, the physical business in Germany - unlike in most other markets - remained relatively stable with only a moderate decline of around 2%. A final detailed analysis of how the individual submarkets have developed will be published at the beginning of March.

 

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