UK record labels' revenue grows at fastest rate since 1995

Music companies report a 10.6% surge in earnings for 2017 as music lovers turn to Spotify, Apple and AmazonUK music company revenues last year grew at the fastest rate since the height of Britpop in the mid-1990s, as the growing popularity of services such as Spotify resulted in income from streaming overtaking CD sales for the first time.UK record labels enjoyed a 10.6% surge in earnings in 2017 to £839m, thanks to the digital popularity of a new generation of artists including Ed Sheeran, S...

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