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NEAR TRUTHS: SPRING BLOOMS
Here come the big guns. (3/28a)
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
CITY OF HOPE TAPS MARCIANO FOR TOP HONOR
This year's philanthropic model (3/28a)
TRUST IN THE TOP 20
Hip-hop is no longer hibernating. (3/28a)
UMG BROADENS SPOTIFY OFFERINGS
Sir Lucian and Daniel are in harmony. (3/28a)
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!
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