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 November 25, 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 November 25, 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: November 25, 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 November 25, 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/
