UK spending on recorded music grew by 9.6% in 2017
Posted on: 3 janvier 2018, by : Stuart Dredge

Brits spent more than £1.2bn on recorded music in 2017, a year-on-year increase of 9.6% fuelled by the growth of streaming subscriptions.
Figures released by the Entertainment Retailers Association (ERA) revealed that people spent £577.1m on streaming subscriptions, up 41.9% from 2016’s £406.6m. This more than outweighed a 3.4% decline in physical sales to £459.4m and a 23.1% decline in download sales to £165m in 2017.
ERA covers sales and subscriptions, so these figures do not include advertising revenues for music – for example ads on YouTube or on the free tiers of streaming services like Spotify – nor does it include sync, merchandise or live income.
The post UK spending on recorded music grew by 9.6% in 2017 appeared first on Music Ally.
Source: Music ally

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