The U.K. music retail market rose 9.9% in H1 2019 to £672.7m ($854.3m) thanks to growth in streaming, which is up 25.8% year-on-year according to stats from the Entertainment Retailers' Association (ERA). Best-sellers included The Greatest Showman ST and Lewis Capaldi’s debut.
Subscription streaming generated £485.9m ($617m) from January to the end of June, which is a massive 72.2% of the value of the entire market. Still, the rate of growth is down from the 37.7% rise streaming recorded across the whole of 2018.
Physical generated £138.8m ($176.3m) in sales in H1 2019, down 13.8% on H1 2018 — a slightly improved rate of decline on 2018’s year-end 16.6%. Downloads dropped 26.1% over the same six-month period to £48.1m ($81.1m), which is generally on par with the rate of decline the format has recorded in Blighty over the last three years.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMS
