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.
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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.
I still play 'em in my living room. Vinyl is preferred but there’s a lot of stuff in the '90s that either never came out on vinyl or is super expensive. As much as I love it, I’m not paying $500 to listen to Blind Melon’s Soup when I can hear the CD for $5.00.