France could have 12 mln music subscribers by 2020 - SCPP

Wednesday 13 January 2016 | 20:40 CET | News
France could have 10 to 12 million paying streaming music subscribers by 2020, Universal Music France CEO Pascal Negre told Les Echos, adding, "This would be the dream, but it is possible". Negre, who is also the president of French labels' association SCPP, said that at that level, the sector would get closer to its peak of 2003, before revenues were devastated by large-scale piracy. He also revealed that every 1,000 music streams generate the same revenue for artists as one album sale.

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Categories: Internet
Companies: Apple / Deezer / Spotify / Universal Music
Countries: France
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