Britain is tuning into digital music
Thursday 20 February 2014
Digital music revenues accounted for more than 50 per cent of the record industry’s turnover in Britain last year for the first time, according to the British Phonographic Industry (BPI).
An 11.9 per cent rise in digital revenues helped the industry to grow turnover for the first time in four years in 2013.
The trade association said Bad Blood, the debut album from Bastille, was the most downloaded album of the year, and “deluxe” versions of records such as Beyoncé’s latest release also helped to increase sales. Streaming revenues for services such as Spotify and Deezer leapt 41 per cent in the year.
A separate report from the analysts IHS Insight and App Annie found 20 per cent of all spending on digital entertainment in the UK went on music last year, a higher proportion than in any other country.
The BPI’s chief executive, Geoff Taylor, said: “With digital increasingly becoming its key source of revenue, Britain’s music industry is fit and ready to seize the global opportunities it offers.”
- 1 Heavy metal producer's corpse to be mutilated by models as per his dying wish
- 2 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 3 Nineteen-year-old student left gifts for parents before taking her own life
- 4 Deliberately urinating before sex can increase risk of urinary tract infections
British Muslim leaders outraged after Eric Pickles says followers of Islam should 'prove their identity'
UK terror fears: My jihadist son returned from Syria mentally scarred – now he is being ignored
Nigel Farage: NHS might have to be replaced by private health insurance
Billy Crystal: 'Stop shoving gay sex scenes in my face'
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
David Cameron says anyone criticising Eric Pickles' letter to Muslims 'really has a problem'
iJobs Money & Business
Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...
£16000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...
£45000 - £47000 per annum + bonus + benefits: Ashdown Group: Java Developer / ...
£35000 - £38000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...