The Gen

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Category - Corporate

Displaying results 1 - 10 of 41
  • The BPI has published new figures revealing that the annual revenue from recorded music in the UK actually grew in 2013 for the first time in four years, despite overall album and single sales dropping. Presumably released to coincide with a slightly easier to stomach than usual BRIT Awards, the figures show that cash generated by physical and download purchases alongside streaming jumped 1.9% from £716m in 2012 to £730.4m last year.
  • In what definitely qualifies as the most interesting news from Midem this year, a YouTube executive has claimed that music payouts from the video streaming site have now surpassed $1 billion.
  • A chart compiled by the UK’s Entertainment Retailers Association (ERA) reveals that music failed to strike a chord in the top 20 biggest selling entertainment releases of 2013 - with the sole exception of two ‘Now That’s I Call Music’ compilations. The info includes sales figures for the biggest selling games, films and music of last year. The Gen takes a closer look.
  • 9th Jan 2014

    Crossing the Streams

    Despite album and single sales continuing to decline, the value of streaming stretched to over £100m in the UK last year: around 10% of the total value of the UK recorded music market, which fell by 0.5%. New figures released by the BPI and Official Charts Company reveal that albums declined by 6.4% to 94m with singles also spiralling by 3.4% to 182.2m.
  • Regular readers may not have been relying on Iron Maiden to single handedly save the stagnant UK economy but it has been revealed that the veteran rockers are amongst the most promising small businesses in the UK alongside Shazam and Kobalt.
  • Just in time to balance out all that reporting from the front line of a healthy independent sector- It's an announcement about the BRIT Awards 2014. Arctic Monkeys and Katy Perry will both play and the organisers are promising the “biggest and most exciting” awards ever.
  • 23rd Oct 2013

    HMV App a Rotten Apple

    The Gen barely had time to digest the news that HMV were having another roll of the digital dice before Apple closed down the retailer’s new app, sparking off a debate around competition issues. There are a couple of big stories here, the first of which is that HMV launched a new digital music store last Thursday (17th October) that reportedly went on to be downloaded over 10,000 times across iOs and Android devices.
  • Applications for the new Music Export Scheme run by The British Phonographic Industry (BPI) and funded by UK Trade & Investment (UKTI) opened today. Grants for music companies ranging from £5,000 to £50,000 are available with a deadline of November 18 for the first wave of funding.As previously reported, the scheme offers a total of £3m in grants to small-to-medium-sized independent music companies to promote British artists overseas.
  • As David Cameron reportedly prepares to meet the industry on 12th September (see below), major ISPs in the UK have been asked to create a database of customers illegally downloading content. Of course, piracy and the Digital Economy Act will be very much on the menu at the breakfast meeting, with the idea that such a database would be used to warn and eventually prosecute persistent offenders.
  • Prime Minister (at least for now) David Cameron has invited key UK music figures from the industry, including The British Phonographic Industry (BPI) to Number 10 to discuss Government support for the music industry. It may be that Cameron is a bit lonely, what with even his own party deserting him recently and The Gen would imagine that Downing Street is currently only marginally less tense than your average scene from Taxi Driver.
Displaying results 1 - 10 of 41