UK Recorded Music Revenue Approached $2 Billion in 2024 — But Streaming and Vinyl Slowdown Concerns Persist

London, England. Photo Credit: Grant Sams
The UK music industry generated nearly $2 billion during 2024 despite streaming- and vinyl-growth slowdowns, per a new report.The British Phonographic Industry (BPI) disclosed these and other recorded-revenue particulars in its 2024 report, which follows a separate UK-specific breakdown from the Digital Entertainment and Retail Association.
According to the newer resource, UK music industry revenue totaled $1.93 billion/£1.49 billion last year, rep