Monday 24th October

Book2book Home Book Trade News Trade Announcements Bestseller Lists About

Digital Sales Are Half Of Total UK Music Industry Income

Posted at 8:29AM Thursday 20 Feb 2014

Digital revenues now account for 50% of the total UK record industry income, according to the British Phonographic Industry (BPI).

Digital album sales and a surge in streaming boosted total digital revenue in 2013 to £365m - up from £326m (a 45.5% share) in 2012.

Streaming revenue increased by 41%, bringing total UK revenue to £730.4m - the first growth since 2009.

The 1.9% increase comes despite a fall in physical album and single sales.

Income from subscription streaming music services such as Spotify and Deezer was the fastest growing sector, generating £54.7m.


Search the news archive:

More Book Trade News

Pearson Shares Tumble 10% As Sales Slide

Challenging trading conditions continue to knock world's largest educational publisher

Dolores Redondo Wins Premio Planeta

Todo esto te daré, by Dolores Redondo wins €600k Premio Planeta de Novela

Baillie Gifford Non-Fiction Prize Nominees Announced

Previously known as the Samuel Johnson Prize

Australian Prime Minister's Literary Awards 2016

Novel with print run of 350 makes shortlist

Alistair MacLean Series Of Novels Being Adapted For TV

Deal with publisher HarperCollins

House Of Lords Attacks The Government Over Library Closures

Peers including John Bird, Ray Collins and Gail Rebuck slam budget cuts as 'appalling' and a 'disaster' during a heated session in Westminster

Account Sign-In

Most Popular Stories

  1. Cappelen Damm To Launch 'Choc Lit Norway'
  2. Waterstone's 'Will Not Stock' Controversial Book On Hillsborough
  3. Good Sex In Fiction Award Hoping To End The Ridicule Of Erotic Literature
  4. Vlogger Zoella boosts sales at WH Smith as it launches £50m share buyback
  5. US debut writer wins Gold Dagger at UK's top crime writing awards
  6. JK Rowling plans five Fantastic Beasts films
  7. Royal Automobile Club Announces Shortlist Of Contenders For Motoring Book Of The Year
  8. Bob Dylan's Nobel Prize Win Shows That Literature Can Burst Beyond The Boundaries Of Books
  9. Author Earnings: Sharp Downturn in US Indie Ebook Share
  10. Transworld Aquires World Rights To Addictive Psychological Thriller