Music Industry Reports Record High Earnings In 20 Years

Music Industry Reports Record High Earnings In 20 Years

UK music consumption and revenues soared to a 20-year high in 2024, surpassing the peak of the CD era, with total consumption equivalent to 201.4 million albums and consumer spending reaching £2.38 billion. Streaming led this growth, while notable successes included Taylor Swift’s album sales and Noah Kahan’s singles triumph. This resurgence marks a remarkable turnaround for the music industry since 2013.
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