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«April 27, 2010»

Lady Gaga and Susan Boyle Have Helped the UK’s Music Download Industry to Fly by over Fifty Percent

Lady Gaga and Susan Boyle have helped the UK’s music download industry to fly by over fifty % in a year. After a five-year losing run, English music earnings are eventually rising and made £928.8 million last year. This was a 1.4 % increase on 2008, according to music industry body the BPI. Online downloads and mobile services rocketed 47.8 % to £188.9 million, accounting for nearly a 5th of the total. CD album sales continued to drop by 6.1 % though , notwithstanding major releases from comeback artists like Robbie Williams.The Lady Gaga Telephone video is one of the most controversial of all time.

Geoff Taylor, BPI Boss, said to the media : ”It’s inspiring to see industry cash stabilize and even show modest expansion in 2009. ”The CD continues to show bigger resilience than many foretold – it’s a fantastic digital product. The speed of expansion of new digital services is inspiring, but the dimensions of the market is still restricted by competition from illegal downloads.”.

After a five-year losing streak, British music revenues are finally on the rise and made £928.8 million last year.This was a 1.4 per cent increase on 2008, according to music industry body the BPI.Online downloads and mobile services rocketed 47.8 per cent to £188.9 million, accounting for around a fifth of the total.CD album sales continued to drop by 6.1 per cent though, despite major releases from comeback artists like Robbie Williams.

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Filed under: Entertainment Industry — @ 8:00 am

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