France’s recorded music revenues grow as streaming and exports rise

France’s recorded music revenues reached $1.1 billion in 2024, marking a 7% increase YoY. France’s recorded music industry experienced strong growth in 2024, with revenues reaching €1.031 billion ($1.12 billion). This marked a 7% increase from the previous year, driven by rising streaming revenues and a surge in music exports. Similarly, the UK’s recorded music market saw significant growth in 2024, surpassing £1 billion for the first time. While the industry in France continues to expand, challenges remain in streaming adoption compared to other major markets. Streaming contributed €664 million ($718.6 million) to the total revenue, growing 9.5% year on…