News Archives

Music revenues in Europe are 39% below 2001 levels

25/10/2024

Music revenues in Europe are 39% below 2001 levels according to a recent report by IFPI, the organisation representing record companies worldwide, which looked at recorded music in the European Union. The report, Music in the EU: A Global Opportunity, explores the ways in which the work and investment of record companies is helping to drive the success of European music and artists, both domestically and internationally, whilst providing insight into the challenges and opportunities […]

BBC commissions new shows for BBC Sounds

25/10/2024

BBC commissions new shows for BBC Sounds music streams, Radio 1 Anthems and Radio 3 Unwind. Following highly competitive commissioning rounds, a raft of production teams across the audio sector and different parts of the UK have secured shows on the new music streams for BBC Sounds, launching in early November. Lorna Clarke, Director of Music, BBC says, “Our new music extensions provide invaluable creative opportunities for the audio sector to win more commissions, and […]

Qobuz expands its streaming service into Japan

24/10/2024

Qobuz expands its streaming service into Japan its twenty-sixth country and since its launch in the US in 2019, the company has opened in 15 new countries in the last four years. The company’s move into Japan follows the acquisition of e-onkyo music in 2021. While streaming dominates the global music market with over 67% of revenue, Japan presents a unique landscape where the physical market still accounts for over 50% of sales. Paid streaming, […]

UK music exports reach record high in 2023

21/10/2024

UK music exports reach record high in 2023 to £775 million driven a range of UK talent according to new figures released by the BPI. Representing the highest level of annual exports since the BPI began its yearly survey of label overseas income in 2000 (£364m) and more than treble the amount of a decade ago in 2013 (£243m), the record figure came in a year that saw a wide range of UK musicians and groups […]

Beatport’s streaming service for DJs now offers lossless FLAC

15/10/2024

Beatport’s streaming service for DJs now offers lossless FLAC for Professional plan subscribers with access to over 12 million electronic music tracks. Support is available for a number of DJ hardware and software platforms such as djay Pro, VirtualDJ, DJ.Studio, Edjing Mix, Tribe XR and Serato DJ Pro for Macs with CDJ-3000, rekordbox, and Traktor ‘coming soon’. Beatport Streaming Professional subscribers can easily switch between streaming audio quality in their chosen DJ platform, or if […]

Spotify extends AI Playlist Beta to more countries

15/10/2024

Spotify extends AI Playlist Beta to more countries following on from its initial launch in April 2024 to Premium subscribers in the UK and Australia. AI Playlist combines Spotify’s personalization technology with generative AI so users can turn their most creative ideas into playlists. To date, users in the UK and Australia have created millions of playlists that they keep coming back to. To create a playlist with AI Playlist just enter a unique prompt […]

Music sales in Spain grew by 16.6% in first half of 2024

14/10/2024

Music sales in Spain grew by 16.6% in first half of 2024 with vinyl LPs continuing to outsell CDs according to Promusicae, the Spanish record industry association. Spaniards spent €249.8 million on music consumption, both in digital and physical formats that represents a 16.6% growth for the Spanish music industry, compared to the same period of 2023 (€214.3 million). Total music sales for the period were €224.15 million euros with digital consumption making up 89.7% of […]