PRE-GRAMMY GALA GOES GAGA FOR GERSON
Jody will be the center of attention at Clive's shindig. (12/18a)
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NOW WHAT?
We have no fucking idea.
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
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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.