Music Retail - CMU | the music business explained

Popcorn, rotisserie chickens and lattes are out; air fryers, women’s socks and vinyl are in say ONS boffins

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Vinyl • 3 min read

Popcorn, rotisserie chickens and lattes are out; air fryers, women’s socks and vinyl are in say ONS boffins

Did you know that you can buy heated ponchos that you plug in and wear? Us neither. They are increasingly popular - though not as popular as air fryers, which saw 1175% YoY growth to September 2023. Meanwhile, the ONS has added vinyl music to the consumer price index for the first time in 32 years.…

Sam Taylor • 11 Mar 2024

Mean Millennials scrap streaming subscriptions, mail order music is booming - and Apple Music might be making £500 million or more in the UK

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ERA • 5 min read

Mean Millennials scrap streaming subscriptions, mail order music is booming - and Apple Music might be making £500 million or more in the UK

ERA’s annual stats bang shows a whole bunch of interesting things - including a booming market for mail order music, a declining audiobook opportunity - and a strong correlation with IFPI’s global stats…

Sam Taylor • 06 Mar 2024

UK music retail revenues reach record high, according to ERA stats

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ERA • 2 min read

UK music retail revenues reach record high, according to ERA stats

UK music retail revenues are out-performing the 2001 peak of the CD era, with ERA reporting that music retailers and streaming services generated £2223 million in revenues in the twelve months leading up to last week. Though there is still some way to go if you adjust 2001’s revenues for inflation…

Chris Cooke • 29 Feb 2024