Annual UK streaming volume grew by its biggest amount EVER in 2020

Music News, News, UK Music

Original Article

Annual growth in music streaming volume in the United Kingdom was widely expected to slow down in 2020. Instead, driven by the pandemic lockdown, it sped up – in a big way.

According to new BPI statistics analyzed by Music Business Worldwide, the UK played host to 139.3bn audio streams across the 12 months of last year.

That was up by 25.1bn on the UK’s total audio streaming volume in 2019, which stood at 114.2bn.

2020, therefore, saw the UK’s biggest ever annual growth in audio streaming volume.

The reason many believed the UK’s total audio streaming volume growth would slow in 2020 is simple: it’s a mature streaming market, having welcomed Spotify’s back in 2009, two years before the US.

As a result, annual growth in streaming subscription revenue has been slowing in the UK of late: in 2019 – according to stats from the Entertainment Retailers Association (ERA) – the UK’s total spend on streaming subscriptions grew by £190.9m year-on-year, which was down on the £210.1m annual growth seen in 2018, and down on the £195.3m growth seen in 2017.

Some positive news for the UK Music industry which has undoubtedly been shook by the global pandemic.

Reported By: Jessica Rowe

Musicians Union launches ‘Justice at Spotify’ Campaign

Music News, News, UK Music

Original Article

The United Musicians and Allied Workers Union (UMAW) have started a new campaign titled ‘Justice at Spotify’ which, among other goals, is demanding that the platform raise its average streaming royalty from $.0038 USD to a penny per stream for all artists.

“One of Spotify’s core goals is to give ‘a million creative artists the opportunity to live off their art’. Yet, to generate a single dollar on the platform, a song needs to be streamed 263 times,” organisers explained on the campaign’s website.

At the time of writing, over 4,000 artists have signed the UMAW’s petition – which you can do here. According to UMAW’s site, musicians including Thurston Moore, King Gizzard and the Lizard Wizard, Frankie Cosmos, Deerhoof, Julianna Barwick, JD Samson, DIIV, Alex Somers, Zola Jesus and more have all thrown their support behind the campaign.

This comes after the Uk Government announced an inquiry into streaming services to deduce whether artists are truly getting a fair slice of the pie.

What do you make of streaming services? Are artists getting enough?

Reported By: Jessica Rowe