Resurrecting an older thread here as I recently read some information relevant to the discussion. Three months ago, John Darko summarized a recent revenue report from Germany's music industry and he noted that while streaming generates 80% of music industry revenues in the US, it's only 56.4% in Germany. (Germany has about 1/4 the US population.) CD sales are 5% of revenues in the US and 28% of those in Germany. According to recent data from the Recording Industry Association of Japan, physical media accounted for 53.3% of recorded music revenues (no statement about cd vs. vinyl %'s.) Bucking the trend in the US and the UK, revenues from all sources of recorded music increased last year in Japan. So, while most US music consumers are ditching physical media, that trend is not as advanced in all countries. As Luxman is debuting a new line of five new disc spinners this year, they seem confident the Japanese and other markets will continue to support cd/sacd formats.
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- 125 posts total
- 125 posts total