The UK was officially the fourth largest recorded music market in the world in 2013, according to new IFPI figures - failing to catch Germany despite a 2.2% increase in overall revenues generated by rights-holders.

According to the IFPI Recording Industry In Numbers, UK music rights-holders generated $1.3 billion (£834.2 million) across 2013, of which 10% came from performance rights payments.

2% of the figure came from sync, with physical and digital sales neck-and-neck, each accounting for 44% (around $570m ...