A couple of interesting points in this BBC report:
Live music now accounts for almost 25% of UK music industry revenues.
YouTube is the most popular way to consume music in the UK, with 31% of the population using it at least once a week. I’ve stated this before in other discusions but I don’t think you chaps acoss the pond beleved it.
After Youtube and Spotify, CDs are the third most popular way of listening to music. As I keep saying, CDs ain’t dead, nor are they likely to be in my opinion - at least until an alternative physical format is developed.
The UK music industry grew across almost every sector last year, with the industry generating £4.4 billion. There’s life in the old dog yet.