UK music revenues highest in over two decades
UK music revenues highest in over two decades thanks to streaming following a 2.3% increase in overall entertainment sales to £12 Bn in 2024, according to annual figures released by digital entertainment and retail association ERA. Consumption reached the equivalent of 201.4m albums a year. Streaming alone generated the equivalent of 178m albums, exceeding the record of 172m albums sold in 2004 at the tail-end of the CD boom. Meanwhile consumer spending on recorded music – […]