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| UPDATED: 2008-07-14 |
 Revenue Streams Tipping For UK Labels 
By: Bruce Houghton 2008-07-14 Figures released by UK record company trade organization BPI show that label revenues other than physical or digital sales increased 13.8%... ...to 121.6 million in '07 from 106.9m in '06. These additional revenues now account for 11.4% of UK label income. 360 deals with newer artists helped grow additional income by 13.8% to 121.6m as these new business models begin to generate returns.. While new revenue streams are still in their developing stages. they provide hope for a beleaguered label sector. I was unable to find similar figures for the US. but suspect we're behind the UK particularly in 360 revenues. Comments Tag: online music revenue Add to  Del.icio.us |  Digg |  Reddit |  Furl About the Author: Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations. http://www.hypebot.com |
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