After 15 years of decline, France’s recorded music market returns to growth

France’s recorded market returned to significant financial growth for the first time in 15 years in 2016.
Record businesses annual revenues in the territory have been cut in half over the past decade, down from €965.9m in 2005 to €426m in 2015.
Finally, this trend has been reversed, according to local trade body SNEP – largely thanks to ‘particular growth in revenues linked to subscriptions’.

Read more on Music Business Worldwide.