Music Business News: Europe

Is the music business ready for 10 years of hard work?

UK market turned over nearly £1bn less last year than it did in 2001

Spotify’s paying subscriber count soars above 70m

Firm has managed to add 20m subs in just 10 months to its service

Sony Music UK acquired Wildstar Records last year for £1.8m

British firm has quietly picked up stakes in labels in past 18 months

Addictions and mental health charity Music Support to stage training events in London

Veteran Manager Bill Curbishley and Warner Chappell UK Managing Director Mike Smith lined up to speak

Tony Calder, British music exec, dies aged 73

The exec started his career in the music industry in the ‘60s

UK album sales have been cut in half since 2010

45.8m physical albums (ie. CD and vinyl) and 13.8m digital albums sold in 2017

IMPEL goes fully independent as it breaks away from MCPS dependency

'It is no secret that IMPEL has aspirations towards the success of Merlin'

UK recorded music business grew by more than £100m last year

Total music sales up 9.6% as streaming tops half-billion pound mark