Last month technology website Techradar reported on a study which found that in 2008 total music revenues in the UK had actually increased by 4.7% despite the prevalence of P2P illegal downloading. The study was undertaken by Chief Economist Will Page at PRS for Music a UK group which collects royalties. The report detailed the decline of music sales by 6% and an increase in concert ticket sales of 13%.
The purpose of Page’s study was to not only add up the UK music industry’s revenue but also to demonstrate how it is held together- the industry was found to be in good health and continues to succeed Techradar reported READ MORE (Full Report at the end of Techradar’s story)
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[...] study undertaken in the UK by Chief Economist Will Page at PRS for Musica UK group (which collects [...]