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Digital was France’s top music revenue source in 2018

France’s music trade group SNEP reported that the nation’s digital revenue surpassed physical revenue last year. Overall, the French market posted 1.8% growth for its recorded music market in 2018, reaching €735 million. Digital sources generated €335 million of that total.

Revenue from subscription streaming increased 23% for the year and became the nation’s top revenue source with 41% of all music sales. SNEP reported that nearly half of French listeners (46%) now use streaming services, with 5.5 million people paying for a music subscription. Free listening on both streaming audio and video platforms generated a 10% market share.

Overall, streaming has been growing in France. The nation reported a 35% rise to 57.5 billion audio streams in 2018.

Anna Washenko

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