With greatest hits and classic LPs becoming more entrenched, BPI, AIM and ERA execs discuss the evolution of album consumption and its impact on new talent
WORDS: ANDRE PAINE PHOTO: SAMIR HUSSEIN/WIREIMAGE, GETTY
Analysis of market figures for 2023 has revealed the increasing power of catalogue in music consumption.
The UK market registered a ninth consecutive year of growth. According to BPI data, sales and streams increased by 10% year-on-year to 182.8 million equivalent albums.