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Friday 18 April 2014

Monkeys top most-streamed list

Arctic Monkeys were the most streamed artists of the past year

Arctic Monkeys are the most streamed artists of the past year.

The band, who headlined Glastonbury last year and whose fifth album AM was nominated for the Mercury Prize, topped a list compiled by music trade body the BPI and the Official Charts Company.

Runners-up in the list were Bastille, who also achieved the most downloaded artist album of the year with Bad Blood and the biggest-selling debut of the year.

French duo Daft Punk, who had the second-biggest-selling single in the UK with Get Lucky, behind Robin Thicke's Blurred Lines, were in third place in the streaming list.

Online music streaming in the UK has doubled in the past year according to new figures - and now accounts for at least 10 per cent of record industry revenue.

But the increase in terms of cash appears to have been at the expense of album sales which have seen an overall dip during 2013, mainly due to the decline in CD sales as people turn increasingly to digital listening.

Research by the BPI and the Official Charts Company shows 7.4 billion tracks were played on paid-for or ad-funded streaming services during the past year - twice as many as the 3.7 billion in 2012

It has been calculated that around £103 million was brought in over the past 12 months by subscription services - up £26 million a year earlier. The total income generated by streaming will be much higher as the figure does not include the cash from the advertising on free streams and on services such as YouTube.

Album sales were worth £772 million last year which is down £29 million compared to the previous year. CD sales of 60.6 million were down almost 13 per cent on 2012 but still account for almost two-thirds of the album markets in the UK, while digital sales of 32.6 million - up nearly seven per cent - now represent almost 35 per cent of the total market.

Vinyl album sales have strengthened as the format continues its resurgence - doubling in a year - although it only accounts for 0.8 per cent of all albums sold and amounts to 780,000 sales.

The biggest selling album of the year was the compilation Now That's What I Call Music 86, selling 1.1 million copies, way ahead of the biggest seller by an artist which was One Direction's Midnight Memories, shifting 685,000 copies.

A report in trade magazine Music Week last month said 2013 is the first year since the 1980s in which there has been no million-album-selling artist in the UK.

BPI chief executive Geoff Taylor said: "As digital music moves into the streaming era, the prospects for future growth in the UK music market look strong."

:: Most streamed artists of 2013:

1. Arctic Monkeys

2. Bastille

3. Daft Punk

4. Eminem

5. One Direction

6. Imagine Dragons

7. Macklemore & Ryan Lewis

8. Calvin Harris

9. Drake

10. Rihanna

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