German rightsholder’s music income dipped slightly in the first half of this year, although the 0.8% drop pales next to the kind of decline seen in the worse times of the last decade. Music industry body BVMI reported that the physical and digital music market was worth €656m in the first half of 2014, with CDs still accounting for the lion’s share of that. CD sales dropped just 3.6% in the first half of the year, and still takes up 65.6% of the German music market. Downloads dipped 7.1% while subscription and ad-funded streaming rose 77%, with these categories accounting for 18.6% and 7.7% of German industry income respectively. “Unlike other countries, consumption of music in Germany is shifting to digital at a more moderate pace,” said BVMI boss Florian Drücke.
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,…