MusicDish e-Journal - July 28, 2014
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

UK Record Industry Releases 2005 Sales Figures
By Mi2N
(more articles from this author)
2006-01-09
Comment | Email | Print | RSS

New figures released by UK record companies' trade association the BPI show that a late Christmas sales boom, a rapidly expanding digital market, and a growing appetite for homegrown talent contributed to UK music having one of its best years yet.

Despite gloomy retail reports throughout 2005, strong sales in the last few weeks of the year and the sustained success of British-signed artists helped end the year on a positive note.

Sales of artist albums increased 1.4 percent on 2004 - itself a record year - to enjoy their best year yet at 126.2 million units.

This high comes after six years of year-on-year growth in artist album sales from 87.7m in 1999 to 126.2m in 2005, an increase of 44 percent in just six years.

The strength and attractiveness of artist albums put pressure on sales of compilations, which fell nearly 16 percent, but overall album sales were down just 2.7 percent.

BPI Chairman Peter Jamieson said, "The rise of compilations and the Pop Idol phenomenon led some to suggest the days of the great artist album were numbered. On the contrary, strong investment in new talent means album sales are flourishing."

2005 at a glance

* Best year in history for the artist album, with sales up 1.4 percent on 2005
* UK acts dominate album charts in 2005 with British acts occupying all Top Five positions
* Pre-Christmas boom lifts sales 40 percent in record week for albums
* Compilations down 15.7 percent
* The single's recovery continues as annual single-track purchases rise 48 percent
* 26.4 million downloads sold in 2005, up 357 percent
* Weekly download sales top 1 million for the first time in final week of 2005

Sales in the pre-Christmas week (wk 51) saw album sales soar by 40 percent on the same week in 2004, in a week that saw albums sales top 10.6 million - the biggest weekly album sales figure ever recorded.

Download sales up to one million a week

The week between Christmas and New Year (wk 52) saw another significant milestone passed as weekly digital sales topped 1 million units for the first time.

An uplift in digital sales in the final week of the year - much of it prompted by consumers who got new digital music players for Christmas - coupled with the race for the Christmas number one, saw almost 2 million downloads sold in the last two weeks of the year.

And once again, British-signed talent is behind the success - in the albums market, 2005's runaway debut success story James Blunt, Kaiser Chiefs and KT Tunstall were joined by hotly anticipated albums from established acts such as Coldplay, Gorillaz and Robbie Williams.

The figures were collated by the Official UK Chart Company (OCC) which monitors sales in almost 6,000 stores and internet sites across the UK.

BPI Chairman Peter Jamieson said, "A rich crop of albums from both debut and established acts meant that 2005 will be remembered as yet another great year for British music, and helped us record the best year ever for artist album sales."

And the music industry's firm line on digital music piracy and its support for new digital music retailers has seen the digital music market grow by 350% in 2005."

Compilations down as consumers opt for DIY, and piracy

The growth in digital and the best-ever year for artist albums helped the UK outperform expectations, but compilation sales declined causing total albums sales to slip slightly by 2.7 percent.

Although established compilation brands such as Now! (EMI/Universal) and Clubland (All Around The World/UMTV) sustained strong sales throughout 2005, after a steady growth in compilation sales through 2000-2004, the compilation market dipped by 15.7 percent in 2005.

Illegal compilations bought from markets and boot fairs, particularly in compressed MP3s on CD-R is the fastest growing form of piracy, increasing by 100 percent in 2004.

While many consumers are now opting to use legal digital music services to do DIY compilations, both CD burning in the home and commercial music piracy are putting pressure on compilation sales.

Related News from Mi2N:
» UK Record Industry Releases 2005 Sales Figures


Home » News Beat » UK Record Industry Releases 2005 Sales Figures
Permalink:http://www.musicdish.com/mag/?id=10792
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» Executive Wach: Tracktion Software Corporation, Liberace Foundation, McNally Smith College of Music, SPIN, WSOU, Guitar Center

» Aloft Hotels Launches Global Search for Emerging Music Talent

» Folded Wing Partners With BM&A & Apex-Brasil To Launch New Brazilian Music Show

» Executive Wach: Music Business Association, STIM, ole, Fender Musical Instruments Corporation, LOUD, Primary Wave Music

» The StoneWolf Band Announced for Singapore Music Matters Live 2014

News Beat Directory



» [2014-07-25] FM Pilots Skyrockets To Top Of MusicDish*China Indie Song Chart; Oklahoma Pop-alternative Quartet FM Pilots' "With You" Skyrocketed To The Top Of This Week's Chart With Over 4,000 Plays Over The Week

» [2014-07-22] Zebra Music Festival (Shanghai) Ticket Giveaway Winners; Zebra Music Festival (Shanghai) Ticket Giveaway Winners

» [2014-07-21] MusicDish*China Top 5 Indie Song Chart 07/12-07/18/2014; MusicDish*China Top 5 Indie Song Chart 07/12-07/18/2014

» [2014-07-17] Temple Bar 3 Year Anniversary; To Celebrate This Very Special Moment, Temple Bar Will Throw A Four-day Bash Filled With Special Events From July 24th Till 27th

» [2014-07-09] Zebra Music Festival (Shanghai) Announces Headlining Acts (Chinese Version); ZMF Is Excited To Announce A Few Headlining Acts Officially Which Are FTISLAND, STARLINE, UV Girl, Power Station And Aaron Yan

» [2014-07-09] Raising Our Voices For Fennie: Benefit Concert Zajia Lab, July 13; Zajia Lab Will Hold A Benefit Concert On Sunday July 13th To Support Fennie's Trial

» [2014-07-09] Raising Our Voices For Fennie: Benefit Concert Zajia Lab, July 13 (Chinese Version); Raising Our Voices For Fennie: Benefit Concert Zajia Lab, July 13 (Chinese Version)

» [2014-07-06] KANO Premiere At New York Asia Film Fest (Chinese Version); KANO Premiere At New York Asia Film Fest

» [2014-07-06] Over 90% Of Adults Support The Provision Of Music In Schools; The Recent Survey By Music For All Proves Conclusively That Not Only Are More People Than Ever Playing Musical Instruments, But More Would Like To Learn

» [2014-07-06] Why Branding Is More Important Than Ever; Branding, Is Now More Than Ever, The Most Important Investment An Artist Can Make Towards Their Own Career Success

» [2014-06-30] Executive Wach: Tracktion Software Corporation, Liberace Foundation, McNally Smith College Of Music, SPIN, WSOU, Guitar Center; Traction Business Development; Liberace Foundation Advisory Board; McNally Smith College Of Music Brass And Woodwinds Faculty; SPIN Editor-in-Chief; WSOU Sales & Marketing Manager; Guitar Center VP Of Brand Experience And Entertainment Marketing

» [2014-06-30] "Overheard 3" And "Golden Chickensss" Took The Stage At New York Asian Film Festival (Chinese Version); Writers/Directors Alan Mak And Felix Chong Of "Overheard 3" And Actress Sandra Ng Of "Golden Chickensss" Brought Their Movies To The 2014 New York Asian Film Festival
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

MusicDish*China Top 5 Indie Song Chart 07/12-07/18/2014

MusicDish*China Booking Second China Tour For French Jazz Singer Clotilde Rullaud

Longreef, Friend Movement And Abijack Management Join Forces For Launch Of Powerful "Battle Plan" Single And Video

MISSING LINK MUSIC ON ED SHEERAN'S #1 ALBUM

Chaz DePaolo Live: One Night In IONA

Maybe Mars Presents: The XP Sound Vol.1

CONVICTS TAKE ON CONGRESS

Da Phatfunk Clique Releases More Funk Jazz On The Violin!



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2014 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships