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New Album Releases Lead a 15-Year Uptick in Vinyl LP Sales
Photo Credit: James Sutton Album success in 2022 is shared across the regions of the UK, while new album releases lead a predicted 15th successive annual uplift in vinyl LP sales, with eight of the year’s Top Ten sellers released in 2022. Music talent is flourishing across the UK, with most of the year’s biggest-selling new albums across all formats released by artists from nearly every region. The Top 10 LPs of 2022, according to the analysis of Official Charts data by the BPI, feature eight titles released within the calendar year, including albums by Harry Styles, Arctic Monkeys, and Liam Gallagher — compared to only three in 2017. While…
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BMG Posts 10.1{5b4d37f3b561c14bd186647c61229400cd4722d6fb37730c64ddff077a6b66c6} Revenue Hike For 2021 Amid Streaming, Vinyl Growth
Berlin, Germany. Photograph Credit rating: Stefan Widua BMG produced €663 million ($734.07 million at the existing exchange level) through 2021, for a calendar year-above-year maximize of 10.1 {5b4d37f3b561c14bd186647c61229400cd4722d6fb37730c64ddff077a6b66c6}, according to a freshly unveiled earnings report. The Berlin-headquartered label, publisher, and songs-IP investor’s 2021 financials arrived to gentle in a just-published performance evaluation from its Bertelsmann parent corporation. For each this voluminous document, BMG earnings approached $735 million final calendar year, as outlined, up from $667.02 million (€602 million) in 2020. BMG’s natural and organic income growth touched 10.6 per cent in 2021, the report furthermore displays, with 90.2 percent of income ($662.13 million) having derived from “rights and licenses,” 9.5…