BMG Forms Strike Force to Boost UK Artists' Streaming Market Share in US

  • 📰 billboard
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The team will be led by longtime U.K. music executive Ian Ramage

to head a new strike force for U.K. repertoire in the U.S., the company announced Monday . The team will address the “emerging gap” for U.K. artists in the U.S. as streaming increasingly becomes the dominant mode of music consumption.

Figures from the U.K. trade association BPI shows that the U.K.’s share of on-demand streams was just 7.6 percent in 2018, despite accounting for 12.6% of all U.S. album sales. BPI attributed the disparity to the “popularity of North American R&B and Hip Hop/Rap.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 112. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines