Germany Finally Embracing the Digital Era

From Billboard:

The German music market, the world’s third largest in 2011 according to the IFPI, is finally catching up to the digital era, according to a new study presented by the German music association BVMI (Bundesverband Musikindustrie) together with the German book trade association and the German Federation against Copyright Theft (GVU) that examined Germany digital media consumption last year.

In 2011, 22.1 million Germans consumed digital music (18.4 million), film (7.1 million) and TV (9.7 million) representing an 11-percent increase over the previous year (the study allowed for multiple answers). Despite physical sales dominating 83.4 % of total music revenues of 1.67 billion euros (about $2.1 billion), there are now over 70 legal download and streaming services available in Germany.

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