Q2 Figures: Streams boom, but lack of new talent worries biz

Mark Sutherland

The UK music industry celebrated another boost in the second quarter of 2016, with overall music consumption up 5% year-on-year.

Using the Album Equivalent Sales measurement, which comprises physical and digital album sales, track equivalent albums (where 10 track sales equals one album) and streaming equivalent albums (where 1,000 streams equals one album), BPI analysis of Official Charts Company data shows the total market hit 28,304,825 units in April, May and June.

Audio streaming was once again the key component ...

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