Posts Tagged ‘phonographic market

29
Mar
19

Towards a music streaming economy – Scandinavia part 1

It’s no accident that Spotify was launched in Sweden during the culmination of the The Pirate Bay lawsuit in 2008. Spotify was promoted as the legal alternative to P2P files haring and the Swedish music consumers were the perfect test market for such a Freemium music service. Sweden’s neighbouring country Norway was in a similar position: wealthy inhabitants, a high penetration of broadband Internet access and a passion for music. Therefore, the Swedish digital entertainment company Aspiro launched the music streaming provider WiMP (the later Tidal) in cooperation with the Norwegian telecommunication company Telenor and music retailer Platekompaniet in Norway in February 2010. Two months later WiMP also started in Denmark as the first music streaming service for PC, Mac and Android mobile.[1] However, in December 2009, the Danish telco TDC had added an unlimited streaming option to its music download service TDC Play (now YouSee Musik) in cooperation with tech company 24-7 Entertainment.[2] Thus, all three Scandinavian countries were pioneers in establishing a music streaming economy. The fourth Scandinavia country, Finland, lagged behind for some years, but in 2017 the Finnish sound recording market was as streaming-lined as its Scandinavian neighbours.

 

Figure 1: The global phonographic market in 2017 by digital market shares

Source: After IFPI Global Music Report 2018.

 

A series of blog entries tells the story of how the Scandinavian countries have become the forerunners of the music streaming economy and highlights the background of this development. In this blog post a comparative analysis of market figures for all Scandinavian countries are presented.

Continue reading ‘Towards a music streaming economy – Scandinavia part 1’

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16
Apr
15

The Recorded Music Market in Germany, 2003-2014

The recently published figures of the recorded music market in Germany show a picture of stability. Compared to 2013, the recorded music sales increased by 1.8 percent to EUR 1.48bn as reported by IFPI Germany (Bundesverband Musikindustrie – BVMI) in the latest Yearbook on the Recorded Music Industry in Germany (Jahrbuch zur Musikindustrie in Deutschland). The still fast growing revenues from the music streaming business are the main reason for the modest overall sales growth of 1.8 percent. The revenues from music subscription rose by 77.0 percent to EUR 108.0m compared to 2013. In the same period, however, long-play download sales (mainly digital album sales) declined for the first time – by1.4 percent to EUR 145.0m. The single track download sales again decreased – after a sales decline of 4.6 percent in 2013 – by 7.4 percent to EUR 100.0m. The physical music sales are still declining by 1.7 percent in 2014. Nevertheless physical sales are still dominant on the German recorded music market with share of 74.9 percent (without revenues from neighbouring rights collecting society GVL and from synchronisation). The CD is still the most important audio format of the recorded music market in Germany with sales of EUR 985.0m and a market share of 66.7 percent.

The details of the development of the recorded music market in Germany from 2003-2014 are highlighted in the following analysis.

Continue reading ‘The Recorded Music Market in Germany, 2003-2014’

01
Jun
14

The Recorded Music Market in Brazil, 2000-2013

Brazil is the ninth largest phonographic market in the world according to the latest IFPI report, despite the fact that the revenue from recorded music sales has decreased by 58 percent since 2000. However, the Brazilian market for recorded music is more or less stable for six years now due to relatively high music video sales and the considerable growth of the digital music segment. Thus, the digital music sales have increased by 82.2 percent from BRL 24.3m to BRL 136.7m with music streaming playing an increasingly important role in the sales mix. In the following I highlight the Brazilian recorded music market by figures reported by the Associação Brasileira dos Produtores de Discos (ABPD).

Continue reading ‘The Recorded Music Market in Brazil, 2000-2013’




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