Streaming vs. physical music consumption
This is also reflected in the development of income from sales of music subscription which has steadily increased over the years, from 8.6 million British pounds in 2008 to an astonishing 734.5 in 2021. Especially younger generations prefer to stream rather than consume music through physical copies or downloads. Among the group of 16 to 24 year-olds, 66 percent listened to music via streaming. All of this leads to the question – how are brick and mortar shops doing? Not too well it seems, as revenue from physical retail stores continue to drop year after year. Amounting to 432.3 million British pounds in 2012, this had fallen to 92.2 million in 2021 after a continual yearly decline.The British music scene
Music has traditionally played an important live in British culture. Many of the most influential artists and bands have emerged from the British isles, such as The Beatles, The Rolling Stones, Oasis or Elton John. This is also reflected in the popularity of artists in the United Kingdom, with Queen topping the popularity ranking. More contemporary international artists such as Rhianna or Michael Jackson are considered to be the most famous, the very active music scene in the UK is also represented by musicians such as the girl band The Spice Girls or English singer-songwriter Ed Sheeran. While the historically varied and rich British music scene has become part of popular culture, modern British artists are also gathering global attentions. Young musician, defined here as being under 30 years of age, included artists that emerged from the band One Directions, such as Harry Styles, Niall Horan, Liam Payne, and Zayn Malik, but also rapper Stormzy or girl band Little Mix.
