21 charts that show the current state of the music industry

Vinyl sales UK BPI

Music streaming became even more popular in the UK in 2016 and vinyl records are continuing to explode in popularity, according to a new report by the BPI.

The BPI’s annual yearbook examines the size of the music market in the UK, as well as things like streaming, which formats are popular, and how British artists spread around the world.

We dug into the BPI’s annual yearbook to find the 21 most interesting charts that explain how the music industry is changing.

Unsurprisingly, digital formats are representing an increasing percentage of income from sales and streams.

Streaming has had a big impact on album sales. CD sales are cratering, and digital album sales peaked in 2013. Vinyl records are seeing a slight increase, though.

Here’s a look at the sale of singles. CD singles are pretty much dead, and digital singles peaked in 2012.

See the rest of the story at Business Insider

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