UK Archives

Music industry contributes £5.8 Bn to UK economy

21/11/2020

Music industry contributes £5.8 Bn to UK economy with music tourism contributing another £4.7 Bn in benefits according to a new report by UK Music. The Music By Numbers 2020 report contains details of the contribution of the live and recorded music sectors of the British music industry to the economy. The report shows that the UK music industry continued to grow in 2019 across every sector before the COVID enforced shutdown hit in early […]

Music supports 2 million jobs in EU and UK

17/11/2020

Music supports 2 million jobs in EU and UK and contributes €81.9 Bn annually to the economy according to a study by Oxford Economics commissioned by IFPI. The study, entitled The Economic Impact of Music in Europe, using 2018 data, found that music’s annual economic contributions to the EU28 include: Supporting two million jobs Contributing €81.9 billion in gross value added to GDP, and Exporting €9.7 billion worth of goods and services to countries outside […]

UK Music publishes 2020 Music Diversity Survey

29/10/2020

UK Music publishes 2020 Music Diversity Survey and unveils a Ten Point Plan to put the music business ‘front and centre’ of the drive to tackle racism and boost diversity in Britain. Since its launch in 2016, the survey has tracked progress to boost diversity and inclusion in the UK’s music industry that contributes £5.2 billion a year to the UK economy and sustains 190,000 jobs. Key findings of the 2020 Music Diversity Survey Representation […]

UK consumers want streamers to offer group deals

19/10/2020

UK consumers want streamers to offer group deals with families more likely to want a group deal according to a recent survey by research and analytics company, YouGov. Brits were asked whether they think streaming services should better cater to groups by offering subscription deals for groups. Overall, 55% of the general public agree that streaming service providers could do more to offer group subscriptions, with 28% saying they neither agree nor disagree and 18% […]

UK MPs launch inquiry into music streaming

18/10/2020

UK MPs launch inquiry into music streaming which will examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry. The Digital, Culture, Media and Sport Committee of the UK Parliament is now accepting evidence from interested parties and the wider public. With streaming currently accounting for more than half of the global music industry’s revenue, the inquiry will look at the business models operated by […]

UK stream ripping increases 1390% in 3 years

19/09/2020

UK stream ripping increases 1390% in 3 years with stream ripping sites now accounting for 80.2% of the 50 most popular music only infringing piracy sites. PRS for Music commissioned a study, ‘Stream-ripping: its role in the UK music piracy landscape three years on’, to look at trends in this particular form of music piracy. The study was conducted by INCOPRO who estimated use in the UK of a sample of 100 of the most […]

jazzed to get HD lossless audio service

26/08/2020

jazzed to get HD lossless audio service supplied by 7digital a global leader in B2B end-to-end digital music solutions for its jazzed premium subscription plan. 7digital’s Music Platform-as-a-Service will also support jazzed – the world’s first dedicated audio-visual streaming service for jazz and jazz-influenced music – to launch globally in new territories. jazzed is a multi-tier jazz streaming subscription service which has been developed by ETA Productions Ltd, a specialist in creating new digital media platforms […]