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Anorak | Good News: The Dying Record Industry Continues To Fleece Music Lovers And Acts For Mega Bucks

Good News: The Dying Record Industry Continues To Fleece Music Lovers And Acts For Mega Bucks

by | 23rd, February 2014

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IDIOTS keep saying the music industry is dying. Of course it isn’t. Have you seen how much money they spent on The Brits? If they’re skint, award shows would be held in a pub function room with darts trophies handed to the three remaining artists who have been daft enough to sign to a record company.

No, the record industry is doing just fine.

And why? Well, it turns out that, in Britain at least, people still really like buying bits of plastic with media embedded into it. Isn’t a romantic when you look at it like that.

According to the BPI, the UK recorded music industry grew 1.9 per cent in 2013. Even though revenue from CD  sales fell by 6.4 per cent, they still shift a buttload.

£365.4m out of the total of £716.8m made by the UK music industry comes from CDs and videos. They’re making an assload on

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Posted: 23rd, February 2014 | In: Money, Music, News Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink