Quantcast
Blighty Beat
U.K. MUSIC BY NUMBERS: 2019
11/18/20

The U.K. music industry grew 11% in 2019 to contribute £5.8b to the British economy with export revenues up 9% to £2.9b, according to UK Music’s annual report.

The annual economic study, Music by Numbers 2020, showed that the music industry continued to grow in 2019 across every sector before the COVID-19-enforced shutdown hit in early 2020. That’s thanks in part to the success of homegrown talents like Ed Sheeran, Stormzy, Dua Lipa, George Ezra, Lewis Capaldi, Mabel and Dave.

The live industry recorded the biggest growth, up 17% on 2018 to count for a 22% share of the £5.8b pie at £1.3b. Revenue earned by music creators counted for the biggest slice overall (47%), rising 7% to £2.7b. That’s followed by recorded music, up 9% to £613m or an 11% share, music publishing (up 14% to £524m or 9%), music retail (up 15% to £463m or 8%) and music representatives, like managers, accountants and lawyers (up 15% to £170m or 3%). 

UK Music Chief Executive Jamie Njoku-Goodwin celebrated 2019’s results but outlined the need for further support in order for the business to return to its former glory post-COVID. “2019 was a fantastic year for the U.K. music industry, and we were firmly on track to be one of the great British success stories of the coming decade,” he said.

…Read more

HITS LIST: SIGNS OF A
WHOLE NEW DEAL
The sounds of a brighter day to come? (1/16a)
RAINMAKERS:
STEVE COOPER
Turnaround specialist becomes a music man. (1/15a)
BIG CHANGES AT RCA: EDGE UPS PITTS TO PREZ, FLECK TO COO; RICCITELLI TO EXIT
Recalibrating for changing tastes. (1/15a)
DANGEROUS TIMES: A CONVERSATION WITH MORGAN WALLEN
As his song says, "Livin' the Dream." (1/14a)
ACADEMY AND DUGAN
DUE TO SETTLE?
A messy divorce nears its resolution. (1/15a)
RAINMAKERS
Bring your umbrella.
GRAMMYS: WHERE TO FROM HERE?
After the snubs, the show.
HOW TO FIND 11,780 VOTES
It's the way all the biggest mob bosses did it.
MOVING THE NEEDLE
When vaccination schedules and touring schedules meet.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)