SNEP says that 40% of the Top 200 albums in H1 2019 could be described as ‘French urban’ music.
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(That’s ‘selling’ as in, a combination of actually selling units, plus an ‘equivalent’ formula reflecting these records’ paid streams.) What’s driving this exciting growth in market revenues?ĭomestic hip-hop is certainly playing an important role, with SNEP noting that out of France’s Top 200 best ‘selling’ albums in H1 2019, some 160 were by French artists. That represents a significant climb: labels and artists generated some €31.2m ($35m) more across all formats in the first six months of 2019 in France than they did in H1 2018. But neither of these reductions was enough to prevent streaming dragging France’s recorded music market’s revenues up 12.7% year-on-year at the midyear point.
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Physical format revenues declined 4.26% year-on-year, while download revenues fell by 21.8%. This growth was largely thanks to a bountiful rise in subscription/paid-for streaming revenues, which increased by 25% to €138.1m ($154m) compared to H1 2018.
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