Germany’s half-year report shows continued streaming growth

Germany’s music sector posted gains from streaming and sales in the first half of 2015, according to a report by the Federal Music Industry Association (BVMI). Streaming services now account for 12.8% of the country’s music revenue, up from 7.7% in the first half of 2014. “The 87 percent increase in music streaming even exceeds the forecast contained in the streaming study we published back in March,” the group’s managing director Dr. Florian Drücke said. Continue Reading