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BPI: UK music consumption up 9.5% in 2017


Samson

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A total of 135.1 million albums or their equivalent were either streamed, purchased on physical format, and/or downloaded over the past 12 months.  This represents a 9.5 per cent rise on 2016 and marks a third year of consecutive volume growth.
 

Streaming now accounts for over half of UK music consumption; 1.5bn weekly streams milestone

 

The year’s strong growth in demand for recorded music was driven by a staggering 68.1 billion audio streams served through Spotify, Apple Music, Deezer and other audio streaming services.  This represents a 51.5 per cent rise on 2016 and a remarkable 1,740 per cent increase since 2012.

 

Streaming now accounts for over half (50.4%) of all domestic music consumption, and in December the market witnessed a new landmark of 1.5 billion audio streams in a single week.  Ed Sheeran was the year’s most streamed artist ahead of Drake, with Shape of You the most streamed song and four tracks in the top- 10. Little Mix were the third most streamed, while Calvin Harris, Coldplay and Stormzy also made the top-10.
 

Vinyl LPs enjoy a decade of consecutive growth, with over 4 million copies purchased in 2017

 

The vinyl revival continues, with 4.1 million LPs purchased in 2017 – a rise of 26.8 per cent over the 12-month period and up by a notable 1,892 per cent since their low point of just 205,000 copies sold in 2007.  Vinyl LP sales are now at their highest level since the start of the Nineties (1991), with close to 40,000 albums released on vinyl in 20177. Almost one in 10 of all physical purchases are now on vinyl format.

 

Though still relatively small compared to streaming (50.4%) and even CD (30.8%), vinyl increasingly occupies a growing niche that now accounts for 3.0 per cent of the music consumed.


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https://www.bpi.co.uk/news-analysis/rising-uk-music-consumption-enjoys-fastest-growth-this-millennium/

 

wooooo let's GO streaming :clap3:

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