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Tag Archives: streaming applications

Streaming is clearly a big game changer in the audiophile world. But the special thing is that the sales of coal discs are still very good and are on the rise. Particularly the CD format is a bit tougher but still ‘healthy’, only lossless download services risk being excluded from the game.

Revenue from online music downloads has dropped sharply by 18% in the first half of 2019. The habit of buying lossless and lossy music files (by downloading) is only 9% of the total revenue of the music market with the purchase of physical storage devices (coal disks, CDs).

And of the 9% for those physical devices, 4% will come from the disk and the rest for the CD will be 5%. The cassette is unfortunately back in the past with almost zero.

Most people believe in the quality of vinyl and CDs more than the recordings downloaded from streaming applications.

However, this is just the story in the US where there are about 327 million people living, while in Germany with a population of 83 million people, the recording market goes in a different direction.

According to a report by the German Music Industry Association (BVMI), in the first half of 2019, revenue from online music download groups accounted for 6.6% quite close to the US market, but the special thing is the total revenue earned from music streaming makes up only 56.4%, which is very different from the United States, where streaming revenue accounts for 80%!

In Germany, the number of users spending on CDs accounts for nearly 30% of the total music market revenue

The most interesting difference from the US is that the revenue comes from the sale of the disks – physical audio storage media. Most impressive is that CD sales have risen sharply to 28.2% of total sales, 6 times higher than in the US and are expected to increase steadily along with coal disc format.

Along with that is the introduction of turntable heads that incorporate many modern features. Although the figures are only from the US and Germany, it is also the country with the world’s leading recording industry, enough to guarantee that the Vinyl and CD formats will live well in the future.