{"id":13806,"date":"2018-02-16T16:38:58","date_gmt":"2018-02-16T16:38:58","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=13806"},"modified":"2018-02-16T16:43:44","modified_gmt":"2018-02-16T16:43:44","slug":"frances-music-market-wont-stop-growing-streaming-income-reaches","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/frances-music-market-wont-stop-growing-streaming-income-reaches\/","title":{"rendered":"France’s music market won’t stop growing as streaming income reaches \u20ac243m"},"content":{"rendered":"

Streaming is driving growth in music industries all around the world and France aren’t missing out on the gains.<\/h4>\n

According to the latest from the SNEP France’s music market saw a 23% growth last year. That brought streaming profits up to\u00a0\u20ac243 million in 2017, an increase of\u00a0\u20ac46 million on 2016. Streaming now counts for 41.6% of the market.<\/p>\n

Of the \u20ac243 million in streaming revenue, premium subscriptions accounted for\u00a0\u20ac203 million and the remaining came from ad-supported music streams. Whilst Premium is clearly making up the most of the revenue free streaming actually saw the biggest growth in France last year. Subscriptions rose 21% to 4.4 million subscribers whilst ad-funded streaming grew by 33%<\/p>\n

Overall the French music market grew by 3.9% to a total of \u20ac723 million with physical music still accounting for the majority, 51.2%. The vinyl resurgence has a large role in music revenue accounting for 12.2% of overall profits. Out of the overall music market revenue including sync licensing and performance rights physical music makes up 41% and digital accounts for 39%.<\/p>\n

The general director of SNEP, Guillaume Leblanc says: “The efforts of the producers and the whole industry are paying, this recovery is encouraging, but it is fragile. We are starting to rebuild a value, but we are still far from the peak reached in 2002. This growth must be confirmed over time.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Streaming is driving growth in music industries all around the world and France aren’t missing out on the gains. According to the latest from the SNEP France’s music market saw a 23% growth last year. That brought streaming profits up to\u00a0\u20ac243 million in 2017, an increase of\u00a0\u20ac46 million on 2016. Streaming now counts for 41.6% of the market. Of the \u20ac243 million in streaming revenue, premium subscriptions accounted for\u00a0\u20ac203 million and the remaining came from ad-supported music streams. Whilst Premium is clearly making up the most of the revenue free streaming actually saw the biggest growth in France last year….<\/p>\n","protected":false},"author":12,"featured_media":13807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[725,913,73,512,28,678,5580,422,229],"acf":[],"yoast_head":"\nFrance's music market won't stop growing as streaming income reaches \u20ac243m - RouteNote Blog<\/title>\n<meta name=\"description\" content=\"Streaming is driving growth in music industries all around the world and France aren't missing out on the gains.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/frances-music-market-wont-stop-growing-streaming-income-reaches\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"France's music market won't stop growing as streaming income reaches \u20ac243m - 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