Music industry sales in UK During 2015

Music industry sales in UK During 2015

A huge rise in streaming, combined with the continued resurgence of vinyl, helped keep the British music industry buoyant in 2015.

A total of 26.8 billion songs were streamed last year, a rise of 82%, according to trade body BPI.

Vinyl sales jumped 64% to 2.1 million, while retailer HMV says it sold a turntable every minute over Christmas.

Overall, the retail value of UK music rose from £1.03bn in 2014 to £1.06bn, the first increase since 2004.

That figure includes the retail value of physical albums – CD, vinyl, cassette and minidisc – alongside digital downloads and an estimate of revenues from streaming subscriptions.Capture