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NEAR TRUTHS: SPRING BLOOMS
Here come the big guns. (3/28a)
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
CITY OF HOPE TAPS MARCIANO FOR TOP HONOR
This year's philanthropic model (3/28a)
TRUST IN THE TOP 20
Hip-hop is no longer hibernating. (3/28a)
UMG BROADENS SPOTIFY OFFERINGS
Sir Lucian and Daniel are in harmony. (3/28a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
Blighty Beat
U.K. MUSIC BY NUMBERS: 2019
11/18/20

The U.K. music industry grew 11% in 2019 to contribute £5.8b to the British economy with export revenues up 9% to £2.9b, according to UK Music’s annual report.

The annual economic study, Music by Numbers 2020, showed that the music industry continued to grow in 2019 across every sector before the COVID-19-enforced shutdown hit in early 2020. That’s thanks in part to the success of homegrown talents like Ed Sheeran, Stormzy, Dua Lipa, George Ezra, Lewis Capaldi, Mabel and Dave.

The live industry recorded the biggest growth, up 17% on 2018 to count for a 22% share of the £5.8b pie at £1.3b. Revenue earned by music creators counted for the biggest slice overall (47%), rising 7% to £2.7b. That’s followed by recorded music, up 9% to £613m or an 11% share, music publishing (up 14% to £524m or 9%), music retail (up 15% to £463m or 8%) and music representatives, like managers, accountants and lawyers (up 15% to £170m or 3%).

UK Music Chief Executive Jamie Njoku-Goodwin celebrated 2019’s results but outlined the need for further support in order for the business to return to its former glory post-COVID. “2019 was a fantastic year for the U.K. music industry, and we were firmly on track to be one of the great British success stories of the coming decade,” he said.

…Read more