Vinyl brings in more money than YouTube for UK music labels
YouTube views aren’t translating into profit for British musicians, and even vinyl sales are bringing in more money. According to The Guardian, that is what British music industry association’s (BPI) head honcho, Geoff Taylor, claimed when he spoke at the Music Futures conference in England. Unfortunately, he didn’t back that statement up with exact figures, but he did say that BPI members garnered 14 billion YouTube views in 2014. Back in 2013, the organization reported that its artists sold enough vinyl LPs to earn a revenue of £12.1 million ($18.4 million), which was the highest the format has ever reached since 1994.
Via: Ars Technica
Source: The Guardian
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