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Introduction

UK music trade association has published trade sales for last year, with streaming gains and increased sales of vinyl and revenue from synchronization more than offsetting declines in CD album sales and downloads.

Highlights

  • Combined album and album equivalent sales grew 5.7%, to 142.9 million units, from 135.1 million in 2017. The growth rate was down on the 9.5% increase in 2017, but up on the 1.5% figure for 2016.

Features and Benefits

  • Details the latest UK recorded-music trade sales figures published by the BPI.
  • Assesses sales by source and looks at the prospects for continued growth.

Key questions answered

  • What share of UK trade sales was generated by music subscriptions last year?
  • What is the likelihood of UK trade sales returning to the peak years of the late 1990s?

Table of contents

Ovum view

  • Summary
  • Modest rise in UK recorded-music trade revenue
  • Subscription sees gains, but video streaming returns remain low
  • Bad year for buy-to-own formats

Appendix

  • Author