PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Report Buyer Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

UK Rising Legal Music Download Market to Reach 1.15 Billion Says Report Buyer - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report
UK Rising Legal Music Download Market to Reach 1.15 Billion Says Report Buyer

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/03/03 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Music/Movie/Concert Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to the report “Music Industry UK Market Review 2010” music is described as a 'main hobby' (either playing, watching live or building a collection) by almost one in five UK adults. However, a much higher proportions of the population say that they listen to music every day, listen to it on the radio regularly or enjoy browsing in music shops, and 45.6% of homes contain a musical instrument (with just over a quarter of adults able to play one).

The importance of music in consumer lifestyles is also further emphasised by the results which showed broadening access to music, driven by new technology or other trends. For instance, slightly more than half of adults like watching `pop star' competitions on the television, such as The X Factor. 44.8% listen to music on their computers and 16.9% go to hear live music in concert, pubs or clubs at least once a month.

Amateur involvement with music is strengthening thanks to the `karaoke' or `have a go' culture engendered in pubs and clubs, by the peak-time talent shows and, most recently, by a tranche of video games such as Guitar Hero, which offer the chance to play along with `real bands'. At the professional level, live music is also doing well owing to improved venues, more efficient ticketing (online) and the fact that artists are keen to tour (and bands are keen to reunite) to make up for lost income on recordings.

According to the 158 page report, the recording industry - still the largest part of the music industry - has been in the doldrums because of the transition from easily regulated sales on CDs through record shops to the downloading of music to home computers and mobile phones, much of which is illegal. However, legal downloading is increasing and the report forecasts that the recorded market will at least stabilise in value over the next 5 years (at around £1.15bn), although not regaining its previous heights.

Although music retailers such as Woolworths and Zavvi have fallen by the wayside, the leading retailer, HMV, remains strong and the recording industry is backed by four giants, which have been in place for more than a decade. One of these `majors' is the UK-based EMI Group, a major force for many decades and still reaping the benefits of having The Beatles in its back catalogue, while the label's Coldplay had the best-selling album in the US and the UK in 2009. The other majors, all of which are larger than EMI, are Universal, Warner and Sony.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Music/Movie/Concert Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Report Buyer Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Music/Movie/Concert articles,
CATCH Visitors via Your Competitors Announcements!


UK Rising Legal Music Download Market to Reach 1.15 Billion Says Report Buyer

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: ReportBuyer.com 
+44 (0) 207 060 7474 press[.]reportbuyer.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Report Buyer Ltd securities in any jurisdiction including any other companies listed or named in this release.

Music/Movie/Concert via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Report Buyer Ltd / Company Profile


Read Music/Movie/Concert Most Recent Related Newswires:

Triggr & Bloom's, James Larese, Directs Highly Anticipated New Video for A Tribe Called Quest
Grown Money Entertainment Inks Partnership Distribution Deal with Empire Distribution
Sensational and Unique Rock Band Working Hard to Make Waves
Prince Experience Announces New Booking Agent
Documentary Thriller About The Sport of Competitive Endurance Tickling Hits The Big Screen
Symphonic Distribution Announces Expansion to New York
Christian Pop Artist Chayah Miranda Emerging As the Music Industry's Next Big Star
Jeremiah Craig Announces the First Tour in Summer Tour Trilogy
Austin's Own Rock Camp USA – 20 Years of Cultivating Young Rockers
Award-Winning Singer/Songwriter Randi Driscoll to Perform Songs from Her New CD 'Glass Slipper'
Naomi Achu Announces 2016 Album Release with Wes Madiko As A Featured Performer
Former Bass Player and Musical Director for Beyonce Releases New Single
Hip Hop Artist and Entrepreneur Announces Album, Business Venture
George Kahumoku, Led Kaapana, and Jeff Peterson Sharing Aloha on 2016 U.S. Winter Tour
Dreamkiller Announces Nationally Renowned Lineup Additions

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)