UK streaming value rises 65% to offset album and singles slump in 2014

Tom Pakinkis

The UK saw further significant falls in album and single sales in 2014, but a steep rise in streaming saw the market remain more or less flat overall.

According to year-end Official Charts Company stats released by the BPI, album sales generated £713m in 2014 compared to £773m in 2013 – a decline of 7.8%.

Meanwhile, singles revenue went from £168m in 2013 to £142m in 2014, representing a 15.3% slip.

The value of streaming soared in 2014, however, with ...

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