Friday 21 October 2016

UK acts sell one-in-seven of all albums worldwide


New figures show UK acts account for one-in seven of all albums sold around the world.

The success of performers including Sam Smith and Ed Sheeran saw UK albums and singles generate around $2.75bn (€2.46bn) in sales last year.

Figures from the British Phonographic Industry (BPI) showed UK music accounted for 12pc of album sales in the United States, 15pc in Canada and around 20pc in Australia and Italy.

Its Music Market 2015 Yearbook showed it accounted for 13.7pc of global sales and just over one in seven albums sold last year.

The trade body, which represents UK record labels, said five of the top 10 global recording artists of the year were British - One Direction, Sheeran, Coldplay, Smith and Pink Floyd - with Scottish-born Australian rockers AC/DC also in the top 10.

BPI chief executive Geoff Taylor said the figures were "truly outstanding".

He said: "Music is a tremendous exports success story for the UK - it's a positive image for Britain overseas. It's encouraging to have a government that backs British music exports and understands the key role music plays in projecting Britain's identity as a creative powerhouse."

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