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MUSIC INDUSTRY HONOURS ERA CEO KIM BAYLEY

In a congratulatory video, executives highlighted Bayley’s achievement in transforming ERA over 20 years

ERA CONFERENCE GOES IN TO THE METAVERSE

Julia Killer, Head of Music Label Partnerships, EMEA at Meta to deliver keynote

VINYL OUTSELLS PLAYSTATION TO CHALLENGE NINTENDO’S SWITCH

Year-to-date sales figures show that for the first time vinyl LPs have overtaken all physical entertainment formats bar Nintendo Switch games, according to analysis by ERA, the digital entertainment and retailers association. It means that so far this year UK consumers have spent more money on vinyl than on Playstation 4 and 5 games combined, as well as more than on CDs, DVDs or Blu-ray discs.

ERA STATEMENT ON THE COMPETITION AND MARKETS AUTHORITY MARKET STUDY INTO MUSIC STREAMING

The Digital Entertainment and Retail Association, ERA, welcomes the update paper of the Competition and Markets Authority (CMA) on its market study into music and streaming. The report vindicates ERA’s view that the investment and innovation of music streaming platforms has been overwhelmingly positive for consumers as well as for the music industry.

UK SPENT NEARLY FIVE DAYS EACH STREAMING MUSIC LAST YEAR!

UK citizens on average streamed 2,342 tracks in 2021 – nearly five days worth – according to Kim Bayley, CEO of digital entertainment and retail association ERA.

INNOVATION DROVE MUSIC AND VIDEO STREAMING SPENDING TO NEARLY £4.5BN IN 2021

UK consumers spent nearly £4.5bn on music and video streaming in 2021, up more than a fifth on 2020

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