London, England. Photo Credit: Benjamin Davies The UK music industry generated £1.26 billion (about $1.65 billion) in 2021, up 12.8 percent year over year, as “unabated” demand for vinyl contributed to digital’s first YoY decline in revenue share in nearly two decades. The British Phonographic Industry (BPI) revealed these and other noteworthy stats in its newly published “All About The Music 2022″ report. Spanning about 80 pages, a number of which are dedicated entirely to ads from the likes of PPL and YouTube Music, the lengthy document shows that the UK’s streaming revenue last year improved by 13.7 percent from 2020, to £837.2 million ($1.10 billion). Within the category, video…