coronavirus outbreak. After undergoing a major transformation following the boom in audio and video streaming, revenues from the recorded music market have declined sharply since 2002. Originally expected to reach 629 million euros in 2020, revenues have been revised downwards in the wake of the pandemic and are expected to reach 543 million euros in the best case scenario. However, the most pessimistic scenarios estimate that this figure would not exceed 495 million euros the same year.
Many industries have had to revise their revenue forecasts downwards as a result of the Impact of the coronavirus outbreak on physical and digital sales of recorded music in France from 2002 to 2020 (in million euros)
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Other statistics that may interest you Coronavirus impact on media consumption in France
Overview
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Television
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Books
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Music industry
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- Basic Statistic Economic impact of the coronavirus outbreak on the music sector in France 2013-2020
- Basic Statistic Impact of the Covid-19 on physical and digital music sales in France 2002-2020
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Further related statistics
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- Economic impact of the coronavirus outbreak on several music segments in France 2020
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SNEP, & EY. (June 15, 2020). Impact of the coronavirus outbreak on physical and digital sales of recorded music in France from 2002 to 2020 (in million euros) [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1135486/impact-coronavirus-physical-digital-recorded-music-sales-revenue-france/
SNEP, und EY. "Impact of the coronavirus outbreak on physical and digital sales of recorded music in France from 2002 to 2020 (in million euros)." Chart. June 15, 2020. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1135486/impact-coronavirus-physical-digital-recorded-music-sales-revenue-france/
SNEP, EY. (2020). Impact of the coronavirus outbreak on physical and digital sales of recorded music in France from 2002 to 2020 (in million euros). Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1135486/impact-coronavirus-physical-digital-recorded-music-sales-revenue-france/
SNEP, and EY. "Impact of The Coronavirus Outbreak on Physical and Digital Sales of Recorded Music in France from 2002 to 2020 (in Million Euros)." Statista, Statista Inc., 15 Jun 2020, https://www.statista.com/statistics/1135486/impact-coronavirus-physical-digital-recorded-music-sales-revenue-france/
SNEP & EY, Impact of the coronavirus outbreak on physical and digital sales of recorded music in France from 2002 to 2020 (in million euros) Statista, https://www.statista.com/statistics/1135486/impact-coronavirus-physical-digital-recorded-music-sales-revenue-france/ (last visited May 11, 2024)
Impact of the coronavirus outbreak on physical and digital sales of recorded music in France from 2002 to 2020 (in million euros) [Graph], SNEP, & EY, June 15, 2020. [Online]. Available: https://www.statista.com/statistics/1135486/impact-coronavirus-physical-digital-recorded-music-sales-revenue-france/