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The BPI and London & Partners celebrated the culmination of the inaugural Grow Music business support and investor school programme, a first-of-its-kind programme for the UK music industry, and announces the launch of a new programme for 2025.
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The BPI’s Music Export Growth Scheme (MEGS) awards £1.6M to 58 UK artists, supporting independent talent in global markets. Learn more about this essential funding initiative.
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Stars including Lola Young, Myles Smith, Rachel Chinouriri, The Last Dinner Party and more add their voices in calling on UK Government to value and protect copyright, joining the likes of Paul McCartney, Elton John, Dua Lipa, Sam Fender, Kate Bush and others.
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UK artists are behind four of the ten most-streamed tracks globally on Spotify over the past year, led by Harry Styles’ As It Was.
This piece was first written by BPI CEO Geoff Taylor for Music Business Worldwide, published online on 2nd August 2022.
The global recorded music market grew by 18.5% in 2021.
Rising physical sales support streaming-fuelled growth.
New generation of talent scoring hundreds of millions, even billions of streams per year as British stars claim global success.
Rise of 2.5% in UK music consumption to 159 million albums (or their equivalent) – up for 7th year, driven by streaming.
