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Dutch music industry earns more than streaming with physical sales
The Dutch music industry in the first half of 2016 more revenue from streaming services such as Spotify and Apple Music brought over from the sale of physical formats such as CDs and vinyl. Revenues from physical media still rising slightly.
NVPI Revenues from streaming rate in the first half of 2016 40 million euros, an increase of 52 percent compared to the first half of 2015. This shows figures from NVPI, the industry representative of the Dutch music industry. Revenues from sales of CDs and vinyl rose slightly by 2.4 percent to 27.8 million euros. Earlier this year showed all the revenue stream approaching physical sales. Those figures went over in 2015 versus 2014. Perhaps liked the cover already the end of 2015 instead; NVPI gives no figures for the last six months of 2015.
The market for paid downloads is shrinking; sales fell by 13.2 percent to 4.5 million. Total ‘digital’ now takes 61.5 per cent of the total market cost. That physical sales are rising, is due to the renewed popularity of vinyl NVPI claims. The total turnover of the Dutch music market grew by 23.2 percent to 72.3 million euros. NVPI expects growth to continue in the second half of 2016. In Belgium’s revenues from streaming on the rise, revealed last week, figures from the Belgian Entertainment Association, but there’s revenues physically not yet caught up.Viewing:-109
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