We’ve already reported how digital pushed UK music sales back to growth for the first time in six years last year, according to the BPI. Now royalty collector PRS For Music’s economists have run several more numbers…
Their takeaway — though gigs, and not recordings, is where money growth is, taken as a whole the UK music business became five percent richer in 2009…
— “UK recorded music revenues bucked a global downward trend and flattened out.”
— “We appear to be moving away from a one-in-five rule to describe digital