Many industries have had to revise their revenue forecasts downwards as a result of the coronavirus outbreak. The music industry, which has known a steady increase over the past years, had projected to reach 10.4 billion euros by the end of 2020 before the pandemic. The economic impact of the coronavirus has led to a significant drop in this turnover, which is expected to amount to 5.9 billion euros, a decrease of 43 percent compared to what was initially expected.
Impact of the coronavirus outbreak on the music industry revenue in France from 2013 to 2020
(in billion euros)
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SNEP, & Tous pour la musique, & EY. (June 17, 2020). Impact of the coronavirus outbreak on the music industry revenue in France from 2013 to 2020 (in billion euros) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1135112/impact-coronavirus-music-industry-revenue-france/
SNEP, und Tous pour la musique, und EY. "Impact of the coronavirus outbreak on the music industry revenue in France from 2013 to 2020 (in billion euros)." Chart. June 17, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1135112/impact-coronavirus-music-industry-revenue-france/
SNEP, Tous pour la musique, EY. (2020). Impact of the coronavirus outbreak on the music industry revenue in France from 2013 to 2020 (in billion euros). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1135112/impact-coronavirus-music-industry-revenue-france/
SNEP, and Tous pour la musique, and EY. "Impact of The Coronavirus Outbreak on The Music Industry Revenue in France from 2013 to 2020 (in Billion Euros)." Statista, Statista Inc., 17 Jun 2020, https://www.statista.com/statistics/1135112/impact-coronavirus-music-industry-revenue-france/
SNEP & Tous pour la musique & EY, Impact of the coronavirus outbreak on the music industry revenue in France from 2013 to 2020 (in billion euros) Statista, https://www.statista.com/statistics/1135112/impact-coronavirus-music-industry-revenue-france/ (last visited December 19, 2024)
Impact of the coronavirus outbreak on the music industry revenue in France from 2013 to 2020 (in billion euros) [Graph], SNEP, & Tous pour la musique, & EY, June 17, 2020. [Online]. Available: https://www.statista.com/statistics/1135112/impact-coronavirus-music-industry-revenue-france/