Germany overtakes UK as world's third largest music market
Monday, Mar 28th 2011 at 3:52PMDespite seeing a growth in digital of 19.6% , overall UK music revenues in 2010 fell 11%, meaning it is now the fourth largest global player in the music industry, after the US and Japan and Germany.
The findings, which come from a report published today (Monday) by the IFPI titled, Recording Industry in Numbers 2011, also reveal the value worldwide music market fell by more than 8% - and is now valued at £9.9bn in spite of an overall ...
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