Sony Music Entertainment France: The latest figures, news and market research on Sony Music Entertainment France

Turnover: million ()

Country: France

A subsidiary of the Sony group, New York-based Sony Music is the world's second-largest recorded music group.
In France, to develop its show production activities, the group took over Arachné Production, which organizes and distributes tours by M Pokora, Jenifer, Pascal Obispo and Kyo.

Music market: 1 billion euros 14/03/2023

Key figures -

Market growth in 2021: 14%
French recorded music market: 920 million euros
U.S. market growth: 6.1%, to $15.9 billion
German market growth: 6.1%, to 2.1 billion euros
UK market growth: 4.7%, to £1.3 billion
In France Streaming by subscription: €426 million - Physical sales: €197 million
Local repertoire: 2/3 of most-listened-to titles are French productions

february 3, 2021 - Sony Music buys independent label AWAL for $430 million - Source(Rollingstone.fr)

Sony's desire to enter the independent production market
A "Submit your music" button on the AWAL app makes its operation special
AWAL positions itself between free platforms for artists and distributors who select their own artists
Sony has also purchased a music sorting algorithm that determines artists' potential
A purchase that combines AWAL's uniqueness with SOny's strength and ability to attract and retain great artists

DUNS: 542055603

Legal Name: SONY MUSIC ENTERTAINMENT FRANCE SAS

Address: 52 RUE DE CHATEAUDUN 52 AU 54, 75009 PARIS 9

Number of employees: Entre 250 et 499 salariés (2021)

Capital: 2 524 720 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	41 935 209	49 262 581	52 890 219	46 891 790	62 743 851	80 594 478	68 904 350	79 217 938
Gross margin (€)	168 815 448	147 494 500	128 543 071	124 099 944	119 692 576	125 377 447	-	-
EBITDA (€)	1 576 918	-2 170 948	-11 995 997	-1 778 533	637 031	-4 877 137	-	-
Operating profit (€)	1 917 223	-4 525 198	-8 975 349	4 306 671	3 984 012	2 415 756	-	-
Net profit (€)	2 002 382	-4 622 454	-9 059 839	1 749 871	4 418 594	3 582 883	945 440	7 204 364
Turnover growth rate (%)	-14,9	-6,9	12,8	-25,3	-22,1	17	-	-
Ebitda margin rate (%)	3,8	-4,4	-22,7	-3,8	1	-6,1	-	-
Operating margin rate (%)	4,6	-9,2	-17	9,2	6,3	3	-	-
Working Capital (turnover days)	41,2	39,3	32,5	183,9	148,5	97,3	-	-
Working Capital requirements (turnover days)	118,9	55,6	81	44,6	96,1	38,5	-	-
Net margin (%)	4,8	-9,4	-17,1	3,7	7	4,4	-	-
Added value / Turnover (%)	-38,8	-13,9	-32,3	-26,1	-1	3,4	-	-
Wages and social charges (€)	24 366 073	24 625 608	24 147 844	21 892 016	22 529 826	21 970 120	-	-
Salaries / Turnover (%)	58,1	50	45,7	46,7	35,9	27,3	-	-