Quantcast
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

NEAR TRUTHS:
THE AGENCY SAGA
What do you want from live? (6/11a)
REVENUE CHART: OLIVIA’S ARMY
Looks like she's got staying power. (6/11a)
SIGNS OF HITS LIST
We're reading the tea leaves. (6/11a)
WATCH THE FIRST OFFICIAL VIDEO FOR "FEELING GOOD"
The Black Music Month celebration continues with a classic from a legend, (6/10a)
MUSIC’S HOTTEST FIRMS: HERTZ LICHTENSTEIN YOUNG & POLK LLP
Is there a lawyer in the house? (6/11a)
RHYTHM, BLUES AND THE FUTURE
The musical tapestry we know as R&B.
WHO'S NEXT?
Predicting the next big catalog deal.
JUST THE VAX, MA'AM
Once we all get vaccinated, how long before we can party?
WORLDWIDE GROOVE
How is globalization bringing far-flung territories into the musical mainstream?
Blighty Beat
MUSIC RETAIL RISES FOR FIFTH YEAR
1/3/20

Spending on recorded music in the U.K. hit £1.4b ($1.9b) in 2019, rising 7.1% and marking a fifth consecutive year of growth. The streaming market exceeded the billion pound mark for the first time, according to preliminary stats from the Entertainment Retailers’ Association (ERA), while vinyl has now surpassed the value of downloads.

Subscription streaming represents 71% of total spend on music at retail in Blighty after rising 23.5% year-to-year to reach £1b. The physical music market dipped 17% last year to £318m (representing 23% of the music retail market) while revenue from downloads declined 26.8% to £89.7m (6% of the market).

Vinyl sales again bucked the physical trend, increasing 6.4% to £97.1m (7% of the overall market). That means that, for the first time in the digital era, vinyl has surpassed the value of downloads—in 2018 the value of vinyl stood at £91.3m while downloads were worth £122.6m (6.9% and 9.2% of the market respectively).

…Read more