The Limited Times

Now you can see non-English news...

21% growth in "made in France" revenues on Spotify

2023-06-06T12:52:42.085Z

Highlights: Spotify is the first platform on the global music "streaming" market. In 2022, the revenue generated by artists produced in France reached nearly 225 million euros. David Guetta dominates the Top 10 most listened to artists in France internationally. Spotify reaffirms its opposition to the music streaming tax project.. Revenue generated on Spotify by artists. produced in French recorded an increase of 21% in 2022, unveiled Tuesday in Paris. The number of artists produced. in France who generated more than 100,000 euros on. Spotify (515 million users, more than 180 countries) is 3.5 times higher than it was in 2017.


While congratulating itself for having contributed to the good international health of French productions, Spotify reaffirms its opposition to the music streaming tax project.


Revenue generated on Spotify by artists produced in France recorded an increase of 21% in 2022, unveiled Tuesday in Paris the first platform on the global music "streaming" market.

This is the first time Spotify has communicated this kind of data to France. In 2022, still only on Spotify, the revenue generated by artists produced in France reached nearly 225 million euros, three times more than five years ago. The number of artists produced in France who generated more than 100,000 euros on Spotify (515 million users, more than 180 countries) is 3.5 times higher than it was in 2017.

David Guetta, French artist most listened to internationally

«

We pay almost 70% of the turnover to the rights holders (the music industry), so not directly to the artist, what he receives depends on the model he has chosen or that we have chosen for him, it is very different between an independent singer-songwriter and someone under contract with a label, "said Antoine Monin, general manager for France and Benelux of Spotify at a press briefing. "We are often questioned about the streaming economy, with calculations sometimes approximate because the sums donated really depend on one artist to another," he added.

In 2022, more than half of the royalties generated by artists produced in France come from "streams" outside France. In the Top 10 most listened to artists in France internationally, David Guetta dominates the podium, followed by DJ Snake and Daft Punk. Jul is 4th and Aya Nakamura 8th (59% of the singer's streams come from listening outside France).

On average, on Spotify, an artist produced in France generates 40% more online listens internationally in 2022. The music produced in France is first "streamed" in France, then come the United States, Germany and Belgium. Note also Mexico, in 7th position.

By congratulating itself with its figures for having contributed, as the world market leader of music platforms, to the good international health of French productions, Spotify shows in hollow its opposition, already known, to the project of a streaming tax to help the made in France music export. "We had planned to unveil this data for a long time, but, yes, when we are told that the project of a streaming tax must help export, innovation and structuring, we say that at the export and digital level we have done our part," concluded Antoine Monin.

Source: lefigaro

All life articles on 2023-06-06

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.