German industry body Bundesverband Musikindustrie (BVMI) has released figures for the music market there in 2012, revealing that overall recorded music revenues dropped 3.2% last year to €1.44bn, with digital growth not making up for a 7.7% dip in physical music sales – unsurprising, given that digital accounted for 20.5% of total sales. Digital music revenues in Germany reached €294m in 2012, with BVMI noting that 8.4m people bought music downloads, generating €250m. Streaming revenues jumped 40% to €36m, but that’s still only 12.1% of digital music sales, and 5% of overall revenues. Bright spots include the fact that one in six albums sold in Germany last year were digital.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…