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Economic impact
Electronic music in France represents 416 million euros excluding taxes.
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71% (295 million euros) comes from the turnover of clubs and discos and 11% (47 million euros) from the turnover of festivals. These two segments alone represent 82% of the economic impact.
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5% (20 million euros) comes from the export of this music, 4% (16 million euros) from digital distribution on streaming and downloading platforms, 4% (15 million euros) from authors’ rights and related rights claimed for the broadcasting of works on TV and radio, 3% (13 million euros) from the distribution of physical media, 1% (5 million euros) come from rights claimed for background music for public areas and events and 1% (4.5 million euros) comes from domestic revenue for synchronizations.
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The techno/house subset that we have set apart represents 98 million euros excluding taxes, or 24% of the total. The two main segments represent 92% of the impact of the set: 58% (57 million euros) come from the turnover of clubs representing 19% of the total turnover for clubs and discos for electronic music and 34% (34 million euros) from the turnover for festivals representing 72% of the total turnover for festivals for electronic music.
3% (3 million euros) comes from the export of this music, 2% (2 million euros) come from domestic revenue for synchronizations, 2% also (2 million euros) from digital distribution on streaming and downloading platforms and less than 1% (0.6 million euros) from the distribution of physical media.
Electronic music represents 17% of modern music.
ECONOMIC IMPACT OF ELECTRONIC MUSIC
The market for electronic music represents a total of 416 million euros excluding taxes, or 17% of the market for modern music.
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ECONOMIC IMPACT BY SECTOR
This market is driven by live performance: The turnover of electronic music represents 35% of the turnover of clubs and discos. Electronic music festivals are 21% of the total turnover generated by modern music festivals.
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As far as physical and digital distribution is concerned, consumption of electronic music differs from usages of other music. In the online music market, 7% of income from modern music comes from the digital distribution of electronic music. For physical media, this proportion drops to 3%.
REVENUE FROM DIGITAL DISTRIBUTION AND PHYSICAL MEDIA
The physical/digital split is once again specific in the electronic music field: the proportion of digital distribution for electronic music reaches 55% and even 71% for techno/house.
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REVENUE FROM SALES OF PHYSICAL MEDIA
It should be noted that vinyl records are a flagship medium for electronic music. While they account for 5% of sales of modern music in physical media, vinyl represents 12% of sales of electronic music. It is even more relevant for techno/house with its leading share of 75% of sales in physical media.
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- To read more consult the survey:
See more:
- What is electronic music?
- The ecosystem
- Festivals
- Clubs