High Graphics | BBC SPORT>>
Front Page |
World |
UK |
UK Politics |
Business |
Sci/Tech |
Health |
Education |
Entertainment |
Talking Point |
AudioVideo |
Entertainment Contents:
Showbiz |
Music |
Film |
Arts |
TV and Radio |
New Media |
Reviews |
Monday, 11 February, 2002, 14:44 GMT
UK CD market beats global slump
Robbie Williams had a big-selling album in 2001
The CD market in the UK has bucked the downward global trend and enjoyed a bumper year, with sales increasing by more than 5% in 2001.
The figures come at a time when most countries are reporting a downturn in music spending, leading some record companies to make cut-backs.
Best-selling albums in the UK, 2001
1. Dido: No Angel
2. Robbie Williams: Swing When You're Winning
3. David Gray: White Ladder
4.Travis: The Invisible Band
5. Eva Cassidy: Songbird
But the new figures mean the UK music industry has been the second most healthy of the world's major markets after France.
Home-grown artists have performed well, with seven out of the top tell best-selling albums in the UK coming from local acts.
The total amount of money spent on music in the UK rose by 5.3% in the UK in 2001 to £1.2bn, according to the British Phonographic Industry (BPI).
Artists like Dido, Robbie Williams, David Gray and Travis were among the home-grown acts who helped boost the figures.
"It is encouraging to see the UK putting in such a strong performance," BPI Director General Andrew Yeates said.
"The fact that so much of that great music is being produced by British artists also bodes well for the future."
Worldwide
But sales of singles have fallen, with their share of the market dipping below 10% for the first time since 1993.
At their peak in the early 1980s, singles were worth almost 25% of total sales.
France is the only other major country to post an increase so far, with sales there leaping by almost 12%.
But the picture has been more bleak in the rest of the world.
The final global figures for 2001 have not yet been announced, but revenue for the first six months was down 5%.
An independent survey has found that sales in the United States dipped by almost 3%.
The rise of CD-copying and a general worldwide economic downturn have been among the explanations offered.
Related to this story:
Big jump in European album sales
(22 Jan 02 | Music)
Shaggy's single is UK's best-seller
(27 Dec 01 | Music)
Music conference's downbeat opening
(20 Jan 02 | Music)
Major slump for US album sales
(04 Jan 02 | Music)
Music sales set for fall
(14 Nov 01 | Business)
Music market faces global slump
(28 Sep 01 | Business)
Music sales slump in world markets
(21 Aug 01 | Music)
CD sales continue to rise
(07 Aug 01 | Music)
Internet links:
British Phonographic Industry |
International Federation of the Phonographic Industry |
The BBC is not responsible for the content of external internet sites
High Graphics | BBC SPORT>>
Front Page |
World |
UK |
UK Politics |
Business |
Sci/Tech |
Health |
Education |
Entertainment |
Talking Point |
AudioVideo |
Entertainment Contents:
Showbiz |
Music |
Film |
Arts |
TV and Radio |
New Media |
Reviews |
Back to top | BBC News Home | BBC Homepage | ©