In class we have discussed the importance of profiling markets. We went onto the BPI website to discover more about the industry in the UK.
BPI co-owns the Official Charts Company with Entertainment Retailers Association (ERA). The Official Charts Company is responsible for the commissioning, distribution, marketing and promotion of the UK’s industry standard music and video charts and sales data. BPI is the largest music company in the country and the companies members account for 85% of all music sold in the UK.
"BPI represents the UK’s recorded music industry, which is one of the most exciting and thriving music sectors in the world. British artists account for one in eight albums purchased by fans around the globe." The BPI Website
Useful Facts:
The UK is the 2nd largest source of repertoire in the world
The UK is the world's third largest music market
The biggest selling album in the world in 2009 was by a UK artist - Susan Boyle
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