Monday 16 May 2011

British consumers have spent more than £1bn on digital music

"UK music fans have spent more than £1 billion on digital music since the launch of legal online music services in 2004, with almost a third of the total (£316.5m) spent in 2010 alone, new figures published today in the BPI’s Annual Yearbook 2011 revealed.
Retail spending on digital albums increased by 23% to £146m in 2010, with more than 56.5m digital albums sold since the format launched in 2006 – according to the data, which is compiled for the BPI by the Official Charts Company.  In 2010, 21.0m digital albums were sold, with the format now accounting for 17.5% – one in six – of all albums sold in the UK.
UK consumers splashed out £132m on digital single tracks last year, an increase of 12% year-on-year.  In total, 158.6m single tracks were sold digitally in 2010, with more than 579.4m sold since the first legal music stores opened for business in 2004.  Digital now represents 98.7% of all singles sales.
21 by Adele is the UK’s biggest selling digital album of all time, having leapfrogged The Fame by Lady Gaga and Kings of Leon’s Only By The Night into top slot since its release in January 2011.  34 albums have now sold more than 100,000 copies digitally, with 6 of the top 10 represented by UK artists.
The UK’s top-three selling digital tracks since sales began in 2004 were revealed as I Gotta Feeling by Black Eyed Peas, Sex On Fire by Kings Of Leon and Poker Face by Lady Gaga.  74 digital tracks have now sold more than 500,000 copies in the UK to date."
Source:  Press releases from the BPI, 12th May 2011

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