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‘Indie’ Releases Accounted for Nearly 30% of U.K. Music Consumption Last Year
U.K. indie music market share hit a new high in 2023 with RAYE, Kylie and more artists on indie distributors (including those owned by major labels).
Helping drive growth across the indie sector was the booming popularity of physical formats, with nearly four in every 10 vinyl LPs (39%) and just under one-third of CDs (33%) bought by British music fans last year having been released by artists signed to or distributed by an independent label, reports BPI. Arlo Parks, Kylie Minogue, Enter Shikari, The Prodigy and homegrown rappers Dave and AJ Tracey were among the most popular indie acts in the U.K. across digital and physical formats, along with recently-crowned multi-Brit Award-winning singer-songwriter Raye, whose single “Escapism” featuring 070 Shake was one of the U.K.’s biggest hits last year with 142 million streams. That’s the highest number ever achieved in the U.K. in one year, not adjusting for inflation, helping to maintain the U.K.’s long-held status as the world’s third-biggest recorded music market in IFPI’s annual rankings behind the United States and Japan.
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