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tangible music market continues to decline

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    February 12, 2019 6:44 AM CET

    THE HAGUE Authentic Ichiro Suzuki Jersey , Aug. 28 (Xinhua) -- Turnover in the Dutch music industry rose by 1.9 percent to 58 million euros in the first half year of this year after 12 years of decline, local media reported on Wednesday.

    According to the latest statistics from the trade association of the Dutch entertainment industry NVPI, streaming services such as Spotify and Deezer were the main driving force behind the growth.

    A detailed analysis showed the income from the digital music market, including streaming services and downloading, rose 60 percent to 24 million euros in the first half of this year.

    While the digital music market turnover is increasing Authentic Giancarlo Stanton Jersey , the tangible music market continues to decline. The sales of CDs, still the main source of income for record companies, fell 18 percent year on year, the NVPI said.

    "The combination of affordable user services and effective enforcement against illegal supply is essential for the music market, to be able to continue investments in the business and in new talent Authentic Jose Fernandez Jersey ," said Paul Solleveld, director of the NVPI.

    According to local media reports, the Dutch music industry is still far from the returning to its peak level at the beginning of this century, when the total turnover was 2.5 times more than it was in the first six months of this year. E

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