UK music sales are up nearly 8% in 2024 so far, with Taylor Swift's The Tortured Poets Department lifting vinyl and CD totals to sizable gains.
Taylor Swift performs on stage during the The Eras Tour at Wembley Stadium on June 21, 2024 in London, England.Vinyl and CD music sales grew 7.9% to £164 million in the United Kingdom in the first six months of 2024, due in no small part to the all-conquering, seemingly unstoppable success ofis the singer’s fastest-selling album in the U.K., shifting the equivalent of 270,000 units across all formats in its first seven days, according to Official Charts Company data.
In total, Swift had six of the Top 20 best-selling albums across all formats in the U.K. during the sales period, including fan favoritesThe singer’s ubiquitous chart success helped lift physical format and download music sales to £164 million in the U.K. in the first half of 2024, a rise of 7.9% on the same period the previous year, said ERA CEOERA’s half-year sales figures do not include music streaming, which account for more than 88% of all music sales in the U.K.
Breaking down physical format sales, vinyl album purchases were up 13.5% year-on-year to just over £86 million , while CD sales showed a 3.2% year-on-year increase to £58 million . In total, there were 8.5 million physical albums sold in the U.K. during the period, said ERA. As a result, growth of physical format and download music sales outpaced growth of video sales , which totaled £214 million , up 5.4% year-on-year, not including revenues from video streaming services like Netflix or Apple TV.Music sales also outpaced equivalent growth of video games , which fell by almost 30% year-on-year to just under £350 million due to what ERA called a “soft release schedule” in the first half of the year.
The United Kingdom is the world’s third-biggest recorded behind the United States and Japan with sales of $1.9 billion in 2023, according to IFPI.
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