Streaming has added £3.5 Bn to UK music industry
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Streaming has added £3.5 Bn to UK music industry

Streaming has added £3.5 Bn to UK music industry according to an ERA report to UK Parliament’s Digital, Media, Culture and Sport Committee enquiry into the economics of music streaming. The submission explains that around 70% of revenues of streaming services are paid direct to the music industry via record companies, music publishers and collection societies. “Streaming services typically have no direct financial relationship with artists or songwriters, and are not privy to those contracts,” it says. […]

More UK artists reap the rewards of streaming
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More UK artists reap the rewards of streaming

More UK artists reap the rewards of streaming with 1,800 artists achieving more than 10 million streams in the UK alone in the past 12 months according to data compiled by the BPI. This is 72% more than the total of 1,048 artists who achieved the equivalent 10,000 album sales in the CD, LP and download market of 2007.  Streaming has also made the market more ‘democratic’ – the top 10 artists dominated less of […]

Streaming during 2020 was up 31.8% in Italy
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Streaming during 2020 was up 31.8% in Italy

Streaming during 2020 was up 31.8% in Italy reaching a record 1Bn streams per week during the last weeks of 2020 according to FIMI, the Italian music industry association. According to data compiled by GfK data for the association, premium streaming dominated the market this year with a growth of 31.8%, while free streaming was up 9%. The lockdown and the related closure of many stores has slowed down the sales of physical media which after months […]

Germany had 139 Bn music streams in 2020
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Germany had 139 Bn music streams in 2020

Germany had 139 Bn music streams in 2020 which represents two thirds (65.7%) of sales in Germany according the BVMI, the German music industry association. Figures gathered by BVMI in collaboration with GfK Entertainment that there were a third more streams in 2020 compared to 2019 (107 Bn) and three quarters more than in 2018, when 79.5 billion streams were measured. The number of all streaming views since the start of recording in 2013 adds up […]

UK entertainment sales boom during lockdown
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UK entertainment sales boom during lockdown

UK entertainment sales boom during lockdown with entertainment sales increasing in 2020 by 16.8% to £9.05 Bn according to preliminary data compiled by the Entertainment Retailers Association (ERA).  It was the fastest growth rate since records began, driven above all by digital services, who saw revenues increase by £1.4 Bn over 2019 to a new high of £7.8 Bn. Digital video services spearheaded by Netflix, Disney+ and Amazon Prime Video increased revenues by a remarkable 37.7% over 2019 while […]

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Deezer introduces sponsored playlists

Deezer introduces sponsored playlists to allow advertisers to ‘take over’ editorial playlists to promote their brands and get closer to millions of Free subscribers. According to Deezer, ‘Brands can choose to exclusively sponsor any of Deezer’s popular, curated editorial playlists that fit their offering and target audience. The chosen playlist will feature a large image of the company across the header, along with a link to their website and dedicated audio adverts.’ Emilie Proyart, VP […]

Music consumption in UK up 8.2% in 2020
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Music consumption in UK up 8.2% in 2020

Music consumption in UK up 8.2% in 2020 with 155 million albums or their equivalent either streamed or purchased with growth led by streaming fuelled by label investment. The figures were released today by the BPI, based on Official Charts Company data. The increase in consumption was achieved despite the disruption caused by the COVID-19 pandemic, which has had a devastating effect on the live music sector. Demand initially dipped around the start of the […]