Music Business Worldwide

Germany

Despite pandemic, Germany’s recorded music revenues grew 4.8% to $856m in the first half of 2020

Audio streaming now claims more than two thirds of Germany's revenues

Germany commits $1.1bn to ‘restart’ cultural sector post lockdown, including $170m for live music

'We want to save our unique cultural landscape.'

German music business demands nearly $630m in government aid to avoid ‘coronavirus collapse’

'The music industry with all its facets, has never faced such a serious and existential situation.'

Rock am Ring, Rock im Park & Wacken festivals cancelled as Germany bans major events until August 31

Events posted the news on their respective websites today (April 16)

Germany set to ban major events until end of August 2020 (report)

Reported ban would affect major music festivals in Germany

Streaming revenues topped $1bn in Germany for the first time last year, with total recorded music sales up 8.2%

Streaming accounted for 55.1% of total revenues

Germany generated over 100bn audio streams in 2019

The country generated 79.5bn streams in 2018

Spotify launches Daily Drive personalized news and music playlist in Germany

Daily Drive playlist is now available in a second market following US launch

Frank Briegmann at Universal Inside 2019: ‘We want the entire ecosystem of the music industry to grow with us’

Universal artists generated a total of 19.5bn streams in Germany in the first eight months of 2019

Germany’s music industry grows 7.9% in H1 2019

Increase marks highest growth rate since 1993

Germany’s streaming numbers increased by 33.5% in 2018 – but total recorded music revenues fell 0.4%

Audio streaming now accounts for 46.4% of the market

Germany streaming numbers up by over 40% in 2018, as CD sales drop 23%

Streaming numbers hit a new all time record high of 79.5 billion

Superstar Helene Fischer scores top-selling album in Germany for 5th time in 6 years

The top 3 best-selling albums in Germany in 2018 were released by Universal-signed artists

Natascha Augustin named Senior Creative Director at Warner/Chappell Germany

Augustin’s promotion completes a recent restructure of Warner/Chappell’s German A&R team

Streaming revenue overtook CDs in Germany for the first time in H1 2018 – but the market declined 2%

Streaming rises 35.2% to represent a 47.8% marketshare