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The UK’s music industry is experiencing a positive period at the moment. After several years of decline, recorded-music trade sales have now increased for three years in a row.


  • UMG extended its market share lead over second placed SME, with the former gaining share and the latter suffering a decline.
  • Live music continues to be the UK's most robust leisure sector, with tours and festival appearances still a secure way for artists to generate revenue.

Features and Benefits

  • Details all of the UK's major music sectors.
  • Includes details of recorded-music sales, record company market shares, digital infrastructure details, royalty collections, and live music figures.

Key questions answered

  • What share of recorded-music trade sales in the UK last year were from digital sources?
  • At an optimistic and pessimistic view, how big is the UK's recorded-music sector likely to be in 2023?

Table of contents

Recorded music

  • Third consecutive year of recorded-music growth
  • Rock takes the album crown while hip-hop makes singles gains
  • UMG enhances market share lead

Music retail

  • Four consecutive years of music retail sales growth

Rights administration and royalty collections

  • Increase in collections for PRS at home and abroad
  • International gains boost PPL results


  • Measuring the worth of the live music sector
  • Parliamentary inquiry finds shortfall in support


  • Methodology
  • Author

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