BPI says that this A&R spend, which includes artist advances, creating new recordings, video costs and tour support, was 106.6% more in 2021 than the £173.3 million ($225m) spent in 2016.
Aside from Adele, other stand-out winners and performance moments during the 2022 BRITS came from Little Simz, Dave, Olivia Rodrigo, Billie Eilish and Ed Sheeran.
Based in London and with offices and team members across Europe, Hong Kong and the US, Public Pressure describes itself as an “eco-friendly, carbon neutral” NFT platform that supports the transition of music to Web3.
News of Chatterjee's exit follows the company's confirmation earlier this month that it's in the process of reducing its global workforce by approximately 20%