The 2017 ‘Spotlight on France’ marks the first-ever official mission from France to CMW
presented in collaboration with the Cultural service of the French Embassy in Canada, Bureauexport, and Institut français
With a population of 66.7 million, France is ranked by The International Federation of the Phonographic Industry (IFPI) as the 5th largest music market in the world for recorded music with $USD 809 million in trade value. France is also ranked 5th worldwide for both physical and digital.
48.7 Increase in Streaming Revenue
In France, streaming revenues grew last year by a remarkable 48.7 per cent. Streaming is well on its way to overtaking physical, with income from the consumption of music streams on ad-supported video services now equal to the revenue from vinyl sales (US$12.6M vs. US$12.7M.)
France ranks third for both Synchronization and Performing Rights. Streaming has increased its market share from 16% in 2014 to 24% in 2015. The market is projected to reach 1.8 billion in 2016.
Technology is changing music consumption in France, yet 42M French still tune in to some 250 radio stations every day. More than half of France uses a cell phone, with 36.56M mobile phone users, and expected to reach to 55.6M (or 83%) by 2021.
More blogs per Inhabitant than any other country
France has more blogs per inhabitant than any other country, which indicates potential opportunities to promote music through social blogs and platforms.