French electronic music sales up 3.3% in H1

Thursday 10 September 2009 | 11:42 CET | News
Music publishers' revenues from French electronic music sales rose by 3.3 percent to EUR 37.6 million in the first half, compared to 56 percent growth to EUR 36.5 million in the year-earlier period, according to music labels' association SNEP. Fixed internet download revenues increased by 39 percent to EUR 17.8 million, mobile phone music revenues fell by 51 percent to EUR 9.8 million and sales from other sources (streaming and subscription) trebled to EUR 10 million. Of fixed internet downloads, track sales revenues rose by 20 percent and album sales revenues rose by 43 percent. In mobile phones, ringtone revenues fell by 22 percent and track downloads fell by 66 percent. In total, download revenues dropped by 28 percent to EUR 9.2 million in the first half from EUR 12.8 million in the first half of 2008. A EUR 1.1 million rise in internet download revenues was unable to offset for a EUR 4.7 million drop in mobile downloads. However, SNEP explains that for technical reasons, music publishers could not differentiate between fixed and mobile internet revenues for iTunes. By default, all iTunes revenues are included in the internet download category, which under-evaluates revenues from mobile phones.

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