Music France: Digital climbs, retail falls

France’s music market continued to decline in the first half of 2008, the latest figures from French music label trade association, SNEP confirm.

Released this week the data suggests that the wholesale value of the market decreased €278.7 million in the period – down 12.2%. Christophe Lameignere, chairman and CEO of Sony BMG France and president of SNEP, said the figures were not a surprise and stressed “We were more pessimistic in our forecasts.”

Digital remains strong – digital sales were up 56.9 per cent to €36 million, partially due to a deal with Orange to put together its Musique Max service in France. Digital breakdown follows:

– Mobile services (excluding subscription services): €20.2 million – up 59.5%
– Ringtone sales fell 28%
– Music downloads: €12.45 million
– Streaming and subscription services: €3.4 million

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