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UK behind Germany, Japan and US in music sales rankings

Tim Ingham
UK behind Germany, Japan and US in music sales rankings

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 / £343m apiece).

Germany's overall recorded music sales just pipped the UK - growing 1.1% to $1.37 billion. 73% of the revenues came from physical sales, with 21% digital and just 1% from sync.

In second place was Japan, despite a 16.7% drop in overall revenues. The country's physical (80%), digital (16%), performance rights (6%) and sync (1%) sectors combined for a $3 billion market in 2013.

And at No.1 was the US, with $4.47 billion, with a 60% digital market in terms of income - and a world-leading 4% share coming from sync.

As previously reported, the overall global revenues generated by rights-holders stood at $15 billion, 3.9% down overall on 2012 - a figure dramatically impacted by Japan's annus horribilis.

You can buy the full in-depth IFPI report through here.




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Tags: Labels, Germany, IFPI, Publishers, UK

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