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Economic impact of the coronavirus outbreak on the music sector in France 2013-2020

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

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Sources

Release date

June 2020

Region

France

Survey time period

2013 to 2020

Supplementary notes

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Statistics on "Music industry in Europe"

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