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Report: UK music industry contributed £7.6bn to UK economy in 2023

UK Music, the collective voice of the UK music industry, has released its annual economic report, This is Music 2024. The report outlines the economic contribution the UK music industry makes to the economy.   It was a stellar year for live music with artists such as Beyoncé, Burna Boy, Harry Styles, Blur and Pink, […]

November 20, 2024

Rakuten TV adds Red Bull TV and Vevo channels

Rakuten TV, the European streaming platform, has added new FAST channels across the continent. There are three new channels in Spain: Red Bull TV, Vevo Pop and Vevo Latino; three new free channels in the UK: Red Bull TV, Vevo Pop and Vevo Hip-Hop & R&B; three new channels in Italy: Red Bull TV, Vevo […]

June 20, 2024

PRS for Music reports record revenues

PRS for Music, the UK-based rights management organisation which represents the rights of over 165,000 writers, composers, and music publishers globally, collected a record £964 million 2022, a year-on-year increase of 22.9 per cent (£179.4 million). These landmark results indicate not only a dramatic recovery following the global pandemic, but an increase of £154 million […]

April 25, 2023

Harry Styles to perform at The BRIT Awards 2023

The BRIT Awards 2023 with Mastercard has confirmed that Harry Styles will perform live at the BRITs ceremony taking place February 11th, and broadcast live on ITV1 and ITVX. Styles, who is nominated for four BRIT awards this year: Mastercard Album of the Year, Artist of the Year, Song of the Year and Pop/R&B Act, […]

January 17, 2023By Nik Roseveare

Report: UK home entertainment market at £11.1bn in 2022

Mirroring similar findings from the British Association for Screen Entertainment, the value of the UK home entertainment market soared to £11.1 billion (€10.3bn) in 2022, an all-time record for music, video and games sales, according to preliminary figures from digital entertainment and retail association ERA. The total was 6.9 per cent up on 2021 and […]

January 10, 2023