Music industry reaches 'tipping point' as quarter of Brits get music online

 

Oscar Williams-Grut
Thursday 07 February 2013 15:04 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

More than one in four Brits buy or stream music online and one in five only buy digitally, according to new research

The British Phonographic Industry’s Digital Music Nation report, released today, found CDs are fast being replaced by hard drives and smartphones. In the UK, 27 per cent of people use legal download or streaming services to get their musical fix, while 19.6 per cent only consume music digitally. More than 40 per cent of all albums sold so far this year were downloads.

The report, which looks at the digital music landscape in the UK, said streaming services, such as Spotify and Napster, are contributing an increasingly large chunk of change to the industry, with the BPI estimating they pay around £50 million annually to record labels, around 15 per cent of digital revenue.

Many new artists, such as Ed Sheeran, have eschewed traditional promotional methods in favour of success on sites like Spotify. Sheeran’s song, The A Team, only reached number 101 in the singles charts but was the 17th most-streamed track on Spotify in the first 10 months of last year. The report also praised performers such as One Direction and Jessie J for their innovative use of social media and apps to promote themselves.

BPI chief executive Geoff Taylor said the findings were a sign the UK’s music industry had reached a digital “tipping point”, and added: “More affordable, capable and easy to use tablets and mobile devices are bringing more consumers to digital music for the first time.”

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in