Adding Up The Industry 2011
The fourth edition of PRS for Music’s Adding Up the UK music industry paper explores the value of the music industry and its income streams for 2011. Technology plays a vital role in shaping the way we now enjoy music on many types of devices and the music industry – like many others - has had to adapt to these changes in formats, consumption and usage.
While the industry has continued to change throughout 2011 revenues have remained stable at £3.8bn. Growth in live, digital, business-to-business and sponsorship sectors was offset by a continued decline in recorded music revenues and a decline in publisher direct revenues.
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