Germany’s digital music revenues surpassed €2bn in 2024 for first time

Germany’s recorded music revenues rose by 7.8% in 2024, driven by streaming growth and a vinyl resurgence. Germany’s music scene is thriving, with the recorded music industry experiencing notable growth in 2024. According to the Bundesverband Musikindustrie (BVMI), revenues from sales and streams increased by 7.8%, reaching €2.38 billion (approximately $2.5 billion). This marks a significant milestone, as digital music revenues surpassed €2 billion for the first time in a country traditionally known for its strong physical sales. Streaming continues to lead this digital surge. Audio streaming revenues grew by 12.6% last year, now constituting 78.1% of the total market…