News - 29/04/2013

BPI: UK compilations market grows 7.2% in 2012 "confounding expectations"

BPI: UK compilations market grows 7.2% in 2012 "confounding expectations"

The BPI announced today that 2012 saw a 7.2% increase in the sale of compilations reaching 20.6m units. Also, in Q1 of 2013, sales grew a further 11.8% which indicates that there’s room for further development in this segment.

The Now That’s What I Call Music series especially saw 2.9m sales across its main three titles - which represents an 11-year high for the popular compilation.

Digital is playing an important part in these numbers increasing its market share over physical products by 7.2% year-over-year, reaching 23.5%. The digital side is even more rosy if we look at the sales of one the most popular compilations like Now That’s What I Call Christmas, where it represented 48.5% of all sales.

Dance compilations played an important part as they claimed 25.5% of the compilations market – the highest level in six years. Ministry of Sound scored two releases in the Top 20 best selling compilations chart with Anthems 90s (n.8) and XX – Twenty Years (n.18), while Swedish House Mafia had another hit on their hands with Until Now (n.10).

Chief Executive at the BPI Geoff Taylor stressed that “…compilations are confounding expectations and performing better than ever” and “…a string of newly-themed albums have established themselves over the last year.”
That’s certainly true as new concepts like Keep Calm & Relax and Be My Baby ended up respectively at n.9 and n.11 in the 2012 best selling compilations chart.


Andrea Leonelli
 

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