UK Music Market Sees 25% Digital Growth
Digital formats now account for 35.4% of record industry trade income in the U.K, after digital sales in the UK music industry rose 24.7% to £281.6 million from £225.8 million in 2010. In total that is an 8% rise on the previous year. The growth is largely attributed to a 43.2% rise in digital album … Read more
Kenny Rogers Sues Capitol Records Over Royalties
Kenny Rogers is suing Capitol Records for their failure to pay out royalties owed to him through digital downloads of his music, as well as the use of his music in ringtones. According to a suit filed in the District Court of Tennessee , the complaint alleges that Capitol Records failed to pay Rogers for … Read more
Kobalt Music Sign Gotye To Publishing Deal
Kobalt Music has signed Australian based artist Gotye to an international music publishing deal, with the exception of Austrlia and New Zealand, where independent music firm Alberts represents the Gotye. Originally born in Belgum, Gotye’s music is released through his own record label, Samples’N’Seconds Records His music is licensed through Fairfax/Universal Republic in North America, … Read more
iTunes Revenue Tops $6 Billion In 2011
Global iTunes sales rose to $6 billion for 2011, up roughly 55% from about $4.2 billion in calendar year 2011 (Apple’s first fiscal quarter is the fourth quarter of the calendar year). In the last quarter of 2011, ended December 31, global sales from iTunes came in at $1.7 billion. The figures released by Apple includes all content … Read more
Iggy Pop Named Ambassador For Record Store Day 2012
Record Store Day has named Iggy Pop as their ambassador for 2012. Set to take place on April 21, Record Store Day sees exclusive releases and special shows take place around the world to celebrate independent record shops. For more information on Record Store Day click the link below. Record Store Day 2012
Folk Music Sales Rise 20% In The UK
Folk music sales in the UK rose by 20% in 2011, thanks to big selling artists like Laura Marling, Bellowhead, and Gillian Welch. The BPI stated that despite the huge rise in sales, folk music still only accounts for a minority of UK album sales with a mere 1.6% of the market. In addition to … Read more
The Top 20 UK Rock Singles & Albums Of 2011
The Official Charts Company has released the results of the biggest selling rock acts in the UK over the last 12 months. Unsurprisingly, Coldplay topped the list in both albums and singles. Coldplay’s ‘Mylo Xyloto‘ set a UK Chart record by selling 83,000 digital copies in its first week, the highest first week sales of … Read more
HMV To Stock More Vinyl
HMV has confirmed to NME, that they will stock more vinyl this year due to demand from customers. The announcement comes after HMV announced a significant drop of 8.1% in sales throughout it’s 252 stores over the Christmas period. HMV told NME today that: “A lot of customers have been asking us to increase the … Read more
EMI Enlarges Sync & Licensing Division
EMI has enlarged its Sync & Licensing Division through merging the staff EMI Publishing’s music sales team and EMI Music’s sync staff . The move is part of a global rights management strategy that aims to create greater cooperation between EMI Records and EMI Publishing. The new division in EMI will be given the task of … Read more
Sales Figures For UK Singles In 2011
A total of 164 million singles have been sold in the UK this year alone, with two trading weeks still left. The continuing increase in sales is part of a year on year trend which started back in 2004, with a mere 32 million singles being sold in the UK market. Since then, according to the … Read more
