BPI chief executive Geoff Taylor has hailed the UK music industry’s performance over the last 12 months as streaming reached the “tipping point” of more than half of total consumption.
According to Official Charts Company data, 68.1 billion audio streams were racked up by platforms including Spotify, Apple Music and Deezer during 2017. As well as a substantial year-on-year increase of 51.5%, the huge streaming tally represents 50.4% of total music consumption over the 12 months.
“Clearly, we’ve reached the ...
Register for a Music Week trial to access this article.
Sign up for your free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music in print and 24/7 online. With both the print and digital edition you will be able to enjoy the whole Premium experience of a subscription to Music Week - absolutely free.Start your free trial