UK Streaming Sales Cross £1B for First Time

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UK Streaming Sales Cross £1B for First Time
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Streaming sales crossed £1 billion ($1.3 billion) in the U.K. in 2019

That’s four times as much as Brits spent on streaming music just five years ago.

ERA’s findings follow on the heels of the BPI’s annual report, which found that a record 114 billion tracks were streamed in the U.K. last year and the equivalent of 154 million albums were purchased across all formats, up 7.5% on 2018. Key takeaways from ERA’s analysis of the British entertainment market include a 17% fall in physical sales, which totaled £318 million . Around a third of those sales were vinyl purchases, which grew 6.4% year-on-year to £97 million . Meanwhile, download purchases tumbled 27% to just under £90 million .

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