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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
RECORDED MUSIC MARKET UP 3.8%
3/23/21

U.K. recorded music revenue rose by 3.8% in 2020 to reach £1.118b, according to The BPI. It’s the highest total since 2006 and fifth consecutive year of growth, albeit at a slower rate due to the impact of the coronavirus pandemic.

Revenues from streaming fueled much of the rise, growing 15.4% to £736.5m. Subscription income grew 14.7% to £650.3m, ad-supported is up 17.5% to £42.4m, while video streaming also rose 24.4% to £43.8m.

Physical revenues decreased by 2.6% to £210.3m, which is an improvement on 2019’s 10.4% dip, helped by the response of independent shops, specialist chains and customers who switched to purchasing online during the lockdowns. Climbing revenues from vinyl, boosted by online campaigns, increased by nearly a third (30.5%) to £86.5m, which is the highest total since 1989. This helped cushion reduced CD sales income, which fell 18.5% to £115m.

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