DIGITAL MUSIC

 

  • The UK is the world’s most competitive and diverse digital music market, with more than 70 legal services catering for all different kinds of music fan. (1)
  • Digital revenues accounted for more than 50% of UK recorded music industry revenues in 2013. (2)
  • Almost three in 10 people in the UK have downloaded or streamed music online. (3)
  • 3.7bn tracks were streamed online in the UK in 2012. (4)
  • Over a billion digital single tracks have been sold to date in the UK. (3)
  • 30.5m digital albums were sold in the UK in 2012, with 16 albums selling more than 100,000 copies. (3)
  • Revenues generated by digital albums in the UK amounted to £136.7m in 2012, £19m (16 per cent) more than 2011. Digital accounted for more than a quarter of all album income. (3)
  • In 2012, digital music revenues in the UK overtook physical music revenues for the first time. (1)
  • Downloads make up almost 100 per cent of the UK singles chart. (1)
  • May 2012 saw the launch of the UK’s first official streaming music chart, which collates data from both ad-funded and subscription services. (1)
  • Almost one-fifth (19.6 per cent) of UK consumers only buy music digitally. (1)
  • Some reports suggest that there are now over 1m paying subscribers for music streaming services in the UK. (1)

Sources
1. Digital Music Nation 2013, BPI

2. Streaming fuels growth for UK recorded music industry.

3. BPI Yearbook 2013.

4. The Official Charts Company