In 2019, UK music-streaming spending passed £1bn for the first time
Posted on: 3 janvier 2020, by : Eamonn Forde

Consumer spending on music streaming in the UK passed the symbolic £1bn mark for the first time last year, according to figures published by the Entertainment Retailers Association (ERA) today.
Brits spent just over £1bn on streaming subscriptions in 2019, up by 23.5% from the £812m spent in 2018 – and 31 times the spend on streaming back in 2010. The 2019 spend is equivalent to £19.2m a week, £2.74m a day, £114,486 an hour or… you get the picture.
According to ERA, streaming accounted for just under 72% of the £1.41bn spent on recorded music overall last year in the UK. Spend on physical was down by 17% to £318m, accounting for 22.5% of the total, while downloads fell by 26.8% to £89.7m, just 6.3% of all spend.
The post In 2019, UK music-streaming spending passed £1bn for the first time appeared first on Music Ally.
Source: Music ally

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