Music Recording and Publishing · United Kingdom
UK Music Recording and Publishing Turnover More Than Doubled Since 2019, to £5.7bn[3]
Turnover of UK sound recording and music publishing businesses rose from £2.7bn[3] in 2019 to £5.7bn[3] in 2024, up 113.1%[3], not adjusted for inflation. The number of businesses rose from 3,775[3] to 4,879[3].
Turnover is not adjusted for inflation. Turnover per business is total turnover divided by the number of businesses.
Turnover and Number of Businesses Since 2019
| Year | Total turnover | Businesses |
|---|---|---|
| 2019 | £2,692 million[3] | 3,775[3] |
| 2020 | £3,232 million[3] | 4,040[3] |
| 2021 | £3,552 million[3] | 4,264[3] |
| 2022 | £5,283 million[3] | 4,539[3] |
| 2023 | £5,541 million[3] | 4,650[3] |
| 2024 | £5,737 million[3] | 4,879[3] |
Source: Office for National Statistics, Annual Business Survey (UK SIC 59.2), 2019 to 2024.Download the data
How to Read These Figures
- Businesses are enterprises whose main activity is this industry, as counted by the ONS Annual Business Survey. A company with many sites counts once.
- Turnover is the industry's total sales, including exports and excluding VAT, in cash terms. It is not adjusted for inflation, so part of any rise reflects higher prices.
- 2019 is the starting point because it is the last year before the pandemic; 2020 would flatter most growth rates.
- Every number links to the exact table and cell it comes from. Percentage changes and turnover per business are calculated directly from those cited figures.
Sources
- Eurostat, Euro/ECU exchange rates - annual data. Retrieved 24 September 2026. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
- Eurostat, Enterprises by detailed NACE Rev. 2 activity and special aggregates. Retrieved 24 September 2026. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
- ONS, Annual Business Survey: UK non-financial business economy, sections A to S. Retrieved 24 September 2026. Source link. Open Government Licence v3.0, attribution required
- ONS, Monthly Business Survey: turnover of services industries. Retrieved 24 September 2026. Source link. Open Government Licence v3.0, attribution required