https://www.bpi.co.uk/news-analysis/bpi-official-uk-recorded-music-market-report-for-2016/

All About the Music 2017

03 Jan 2018

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Recorded music in the UK: facts, figures and analysis.

This 2016 report released UK labels’ association the BPI, and based on Official Charts Company data, shows that the continuing surge in audio streaming and accelerating demand for vinyl LPs helped achieve another successful year for British music.

Using the music industry’s standard Album Equivalent Sales (AES)1 metric to calculate the overall volume of music consumption, a total of 123 million albums or their equivalent were either streamed, purchased on physical format, or downloaded by UK music consumers in 2016. This represents a 1.5 per cent rise on 2015, which, it should be noted, was a ‘53 week’ chart year benefitting from an extra week’s trading. Like-for-like growth in unit volume would, in fact, have been higher at 4 per cent2. The total volume of music consumed in 2016 corresponds to an estimated retail value expected to be worth approximately £1 billion.

  • Music consumption up 1.5% to 123 million albums (AES).
  • 45 billion audio streams served in 2016 – an increase of more than two-thirds (68%) on last year.
  • December 2016 witnesses first-ever 1 billion audio streams week milestone.
  • Vinyl sales led by David Bowie rise 53% to top 3.2 million unit mark – the most LPs sold since 1991.
  • UK acts account for 7 of the year’s top-10 best-selling artist albums.
  • Adele’s 25 is again year’s best-selling artist album; 12th year in a row best-seller has come from UK.
  • Michael Ball/Alfie Boe Together is 2016’s best-selling new artist release, with Now 95 No.1 overall.
  • Other UK acts show strongly incl. Coldplay, Little Mix, The 1975, Rick Astley, Calvin Harris, Jess Glynne and The Rolling Stones. Skepta’s success suggests grime is becoming a commercial force.
  • Drake’s One Dance is year’s biggest single – accumulating over 141 million audio streams – while Clean Bandit’s Christmas No.1 Rockabye enjoys longest chart-topping run for a UK act since 2007.
 

Publ. BPI, 2017