BPI Archives

UK recorded music consumption grows for 4th consecutive year

09/01/2019

UK recorded music consumption grows for 4th consecutive year according to figures released by the BPI, based on Official Charts Company data. Blockbuster film soundtracks and continued growth in streaming fuelled a near 6% rise in consumption. A total of 142.9 million albums or their equivalent were either streamed, purchased on physical format, and/or downloaded over the past 12 months – corresponding to a 5.7 % rise on the 135.m figure in 2017. Combined UK […]

UK music exports reach post millennium high

27/09/2018

UK music exports reached a post millennium high of £408.4m in 2017, the highest this century according to the BPI, the UK’s recording industry association. Overseas earnings by UK record labels increased by 12% in 2017 helping the UK economy to the tune of over £5 billion since 2000. This continuing growth, which follows an 11% rise to £364 million in 2016, underlines the enduring popularity of British music, with UK artists accounting for one […]

News

13th October 2018 is UK ‘National Album Day’

10/09/2018

The 13th October 2018 is to be the UK’s ‘National Album Day’, celebrating the 70th anniversary of the album. National Album Day will mark the culmination of a week-long series of events and activity around the country that will celebrate all aspects of the UK’s love of the album. Supported by the BPI and BBC Music with backing across the music community, at 3.33(r)pm on Saturday, 13th October the British public are encouraged to play […]

1 in 8 albums sold in the world are British

11/06/2018

Consumption of British music, fuelled by strong demand for albums by Ed Sheeran, Rag’n’Bone Man, and Sam Smith, among others, as well as classic acts such as The Beatles and Roger Waters, accounted for 12.9% of all the music purchased or streamed around the world in 2017 according to BPI research. British artists accounted for just under half (48.2%) of all UK album sales. But they also did well across Europe, where they were responsible […]

Are Smart Speakers the future of Streaming?

15/04/2018

Smart Speakers will fuel the next wave of music consumption and market growth. 48% of all Smart Speaker owners have a premium subscription to a music-streaming service and with global sales of 24m-27m Smart Speakers in 2017, 55% of US households will own a Smart Speaker by 2022. […]

Over half UK music is now streamed

04/03/2018

BPI, the trade body representing the UK’s recorded music industry, has published data for 2017 that reveal a strong year for British recorded music with UK consumption across all formats growing at its fastest rate this millennium. A total of 135.1 million albums or their equivalent were either streamed, purchased on physical format and/or downloaded in 2017 – a 9.5% rise on 2016. The year’s strong growth was driven by 68.1 billion audio streams served through […]