UK Archives

Streaming has added £3.5 Bn to UK music industry

26/01/2021

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

25/01/2021

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 […]

BBC Sounds app joins Sky Q

16/01/2021

BBC Sounds app joins Sky Q and is available now to all Sky Q customers in the UK, offering more than 80,000 hours of audio content, including live BBC radio broadcasts, music mixes, and podcasts from the likes of Joe Wicks, Stacey Dooley, Louis Theroux and George the Poet. The BBC Sounds app joins existing apps on Sky Q including BBC iPlayer, Amazon Prime Video, YouTube and Netflix. To open the app, users just need […]

UK entertainment sales boom during lockdown

09/01/2021

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 […]

Music consumption in UK up 8.2% in 2020

04/01/2021

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 […]

1 in 10 songs streamed globally are by British artists

02/01/2021

1 in 10 songs streamed globally are by British artists with the UK share four times its GDP share according the BPI. The analysis is based on the music charts of 14 major markets which represents around three quarters of global recorded music consumption. The 10.1% share of global streaming is four times greater than its share of global GDP (2.2.%) underlining the UK’s exceptional performance in music. The 1 in 10 result highlights the […]

UK vinyl and cassette sales surge in 2020

29/12/2020

UK vinyl and cassette sales surge in 2020 with vinyl sales worth twice as much as music video streaming platforms, such as YouTube, despite the tens of billions of videos watched every year. New figures released by the BPI based on provisional Official Charts Company data for the year show that alongside continued growth in streaming, which now accounts for around 80% of UK music consumption, sales of vinyl LPs and audio cassettes surged ahead in 2020. […]