Music Industry - facts and figures

This is a case study of two record companies that target a british audience, one is a major label and one is an independant label.

The case study should look at the production, consumption, distribution and exchange.

Domestic expenditure on music in all form totals almost 5 billion a year and music activities generate the equivalent of 126,000 full-time jobs in the uk.

The UK is the third largest market in the world for sales of music, behind only the USA and Japan. Sales in the UK amounted to 10.4% of all music sold globally in 2004. As a source, of repertoire, the UK is second only to the USA.