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UK music retailers blame weak release schedule for 2013 sales decline

UK music retailers blame weak release schedule for 2013 sales decline | Wiseband | Scoop.it

UK retailers have blamed a decline in both albums and singles sales in 2013 on a “weak” music release schedule.

As reported yesterday, across physical and digital, UK album unit sales declined 6.4% to 94 million last year, while single sales dropped for the first time in recent history by 3.4% to 182.2m.

Annual revenue generated by singles sales was down 1.6% to £167.8m, while the albums market dropped 3.6% to £772.1m.


Via Pierre Priot
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Pierre Priot's curator insight, January 2, 2014 9:13 AM

Physical sales are going down and yet retailers don't blame piracy? That's something new.

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Online Revenue Outstrips Radio for U.K. Musicians

Online Revenue Outstrips Radio for U.K. Musicians | Wiseband | Scoop.it
Royalties paid to U.K. musicians by online music services have risen by a third in the last year, industry group PRS for Music said.

Via Pierre Priot
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Pierre Priot's curator insight, April 6, 2013 5:54 PM

Online revenues rise as deals are cut between tech giants and PRS (or SACEM for France, where a recent Google deal just concluded a long Youtube royalty hiatus)

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Now That’s What I Call Saving The Music Industry: Surprise as digital sales of compilation albums grow

Now That’s What I Call Saving The Music Industry: Surprise as digital sales of compilation albums grow | Wiseband | Scoop.it
Downloading was supposed to mean the death of the compilation album. Because why would you want to buy the complete selection when you could cherry pick your favourite tracks?

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Pierre Priot's curator insight, April 30, 2013 4:15 PM

Now, that's what I call a cheap business.