Consumer spending on physical music dropped considerably over the years, and amounted to roughly 311 million British pounds in 2023. Digital music spend surpassed physical spend for the first time in 2015, with the gap becoming more pronounced in the following years. By 2023 digital music spending was more than 1.8 billion British pounds.
Consumer spending on music in the United Kingdom (UK) from 2005 to 2023, by format
(in million GBP)
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Entertainment Retailers Association. (March 6, 2024). Consumer spending on music in the United Kingdom (UK) from 2005 to 2023, by format (in million GBP) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/325479/consumer-spending-on-music-in-the-uk-by-format/
Entertainment Retailers Association. "Consumer spending on music in the United Kingdom (UK) from 2005 to 2023, by format (in million GBP)." Chart. March 6, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/325479/consumer-spending-on-music-in-the-uk-by-format/
Entertainment Retailers Association. (2024). Consumer spending on music in the United Kingdom (UK) from 2005 to 2023, by format (in million GBP). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/325479/consumer-spending-on-music-in-the-uk-by-format/
Entertainment Retailers Association. "Consumer Spending on Music in The United Kingdom (Uk) from 2005 to 2023, by Format (in Million Gbp)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/325479/consumer-spending-on-music-in-the-uk-by-format/
Entertainment Retailers Association, Consumer spending on music in the United Kingdom (UK) from 2005 to 2023, by format (in million GBP) Statista, https://www.statista.com/statistics/325479/consumer-spending-on-music-in-the-uk-by-format/ (last visited December 03, 2024)
Consumer spending on music in the United Kingdom (UK) from 2005 to 2023, by format (in million GBP) [Graph], Entertainment Retailers Association, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/325479/consumer-spending-on-music-in-the-uk-by-format/
