Showbiz

We are going to buy more in music

a88c5c2c9fa84c3e137ef53575e0d56c - We are going to buy more in music

BEA is a Music note in the first half of the year, a sharp rise in the muziekverkopen in Belgium. For the period of January to June, 2019, as compared to the same period in the previous year, an increase of 10%, to € 29.1 million to € industry.
With a strong growth of 35% in the usa and europe. paid streaming music, which makes for a nice overall figure. Streaming, with a turnover of 18 million€, 62% of the total music sales. In addition, this application is included in the digital sales for the first half of the year, good for 20.6 million euros, or 71% of the total.

Paid music streaming services like Spotify, AppleMusic, Facebook and the like will remain in popularity. With a growth rate of 35%, it is clearly one of the most popular music format in Belgium. The ease of accessibility, the demand, and with the support of the major record labels, and streamingaanbieders take care of this trend. Along with the downloads, which account for 2.6 million euros (9% of the total number) account for the digital sales in the first half of the year, with 71% of the total.
The physical segment of music, with a turnover of 8.5 million euros for 29% of the total revenue. This is a decrease of 15% compared to the same period in the previous year. The CD sales, achieves, on average, 5.7 million euros, representing a decrease of 23% compared to the previous year. Vinyl sales of slightly more than € 2 million turnover, this is an increase of 3% compared to the previous year. This vinyl is the only growth in physical sales, a trend that has, for the past few years have shown.