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British annual music exports increase to record high of £775 million as UK artists continue to rank among world’s biggest music acts.
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The document sets out the BPI’s Vision and Strategy to actively promote Diversity, Equity and Inclusion (DEI), both within BPI and in support of the important work taking place across its membership and the wider music industry.
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Grow Music, the first-of-its-kind innovation programme for the music industry launched in partnership by the BPI and business growth agency London & Partners, has officially kicked off its pioneering 12-week business support programme London, East and South East-based music-related SMEs.
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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.
