Britain continues to punch well above its weight when it comes to selling music around the world.
In 2016, the British music industry grew by six per cent year-on-year, contributing US$6 billion to the U.K. economy.
More than half of that total came from music exports generated by hit British acts like Ed Sheeran, Adele, Coldplay and the Rolling Stones, who helped collectively earn $3.4 billion in international revenues, up 13 per cent on 2015.
The U.K.'s prosperous live industry grew by 14 per cent to bring in a further $1.3 billion, while there was also strong growth in recorded music up five per cent and also increasing.
comments powered by Disqus
All feeds
