A delegation of German music industry representatives will travel to Japan from October 28-November 1, 2019 to acquaint themselves with the Japanese market and to establish economic ties and artistic links. Japan is the world’s second-largest music market and in 2017 was worth USD 2.7 billion. Thus, it holds huge potential for the German music industry. Emphasis will be on recorded music and sales, publishing and live entertainment.
Music industry networks
“We are delighted that the Ministry of Economic Affairs is supporting the music industry and thus helping to open up a new market,” said Timotheus Wiesmann, Managing Director of Interessengemeinschaft Hamburger Musikwirtschaft e.V.(IHM). The trip coincides with one of Japan’s key music fairs, the Tokyo International Music Market underway from October 28-30, 2019. The trade fair will give delegates greater insight into the Japanese market and also features seminars and matchmaking sessions with representatives of other Asian markets.
Music industry cluster
The market exploration is being carried out by the Japanese Chamber of Foreign Trade as part of the German Ministry for Economics and Energy’s market development programme for SMEs and in co-operation with IHM.
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