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Business News (more headlines) 01-16-2013

Pop Still On Top As British Music Buying Tastes Revealed

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Chart-topping albums from Emeli Sandé, Adele, Ed Sheeran, Lana Del Rey, One Direction, Olly Murs and three Now compilations helped Pop remain the most popular type of music in the UK for the second year running, new Official Charts Company figures released by the BPI today revealed. The dominance of pop was even stronger in the singles market, where its share rose to the highest level since 2002.

BPI Chief Executive Geoff Taylor said, "British music fans' love affair with pop music continued in 2012, fuelled by strong album releases from home-grown talent. But there is good news for rock fans too, with the genre fighting back to its strongest performance since 2008.

"In the singles market, Pop grabbed its biggest share for ten years. The great range of digital music services in the UK, integrated into many mobile devices, is making it easy for younger music fans to get into buying music."

Official Charts Company Managing Director Martin Talbot said, "It is apt that, in the year that we celebrated 60 years of the Official Singles Chart, Pop music remained as robust as ever in 2012 – through the likes of Emeli Sandé, Carly Rae Jepsen, Adele, One Direction, Olly Murs and Lana Del Rey, among others.

"But, with many commentators predicting that guitar music will return over the next couple of years, it is also notable that rock music in its broadest sense also rebounded with Coldplay, Mumford & Sons and Gotye enjoying very successful years in their own right. Green shoots which are destined to grow over the coming months, perhaps."

ALBUMS

British music fans continue to guzzle their Pop in 2012
Headed by Emeli Sandé's Our Version Of Events, Pop claimed a 33.5% slice of the albums market in 2012 – the genre's second biggest share since 1999 and almost even with 2011's tally of 33.6%. With British artists leading the fray, Pop chart-toppers in 2012 included Adele's 21, Ed Sheeran's +, Lana Del Rey's Born To Die, One Direction's Up All Night and Olly Murs' Right Place Right Time.

Big-selling guitar bands kickstart the rock revival
Mumford & Sons' Babel and Coldplay's Mylo Xyloto helped Rock improve its share of album sales in 2012 to 31.3%, up from 29.4% in 2011. Although some way off the genre's share high of 41.5% in 2006, The Killers' Battle Born, Ben Howard's Every Kingdom, Muse's The 2nd Law and Florence + The Machine's Ceremonials helped revive Rock's fortune.

Easy Listening smooths into third place as popularity of soothing albums soars
MOR / Easy Listening replaced R&B as the biggest albums genre outside the top two in 2012 with a 7.6% market share driven by the festive duo of Michael Bublé's Christmas and Rod Stewart's Merry Christmas Baby.

Dance makes all the moves as R&B fails to hit groove
Calvin Harris' 18 Months and David Guetta's Nothing But The Beat led the charge in the Dance market, helping the genre to a 6.3% share, its best for three years. Despite the genre-topping Unapologetic by Rihanna – and three of her albums making the year-end top 100 - it wasn't a vintage year for R&B which saw its share fall to 7.2% from 10.1% in 2011, its lowest tally since 1998.

Classical hits higher notes, with Hip Hop and Reggae gaining share
Classical, Hip Hop and Reggae all made gains in 2012. Big sellers including Andre Rieu's Magic Of The Movies and Andrea Bocelli's Opera helped Classical claim a four-year share high in 2012 of 3.7%. Hip Hop saw its fortunes revived slightly after a big drop in 2011 thanks to Nicki Minaj's Pink Friday: Roman Reloaded, Rizzle Kicks' Stereo Typical and Jay-Z & Kanye West's Watch The Throne. Reggae's share reached 1% for the first time since 2005 thanks largely to the success of the compilation Now That's What I Call Reggae.

SINGLES

Pop fizzes in 2012 with biggest chart share in a decade
Pop ruled again with a 38.5% slice of the singles market in 2012, the biggest proportion since 2002's Pop Idol-driven 51.8% share - consolidating Pop's position as the dominant singles genre for a fourth successive year. Big pop sellers including Carly Rae Jepsen's Call Me Maybe, James Arthur's Impossible, Psy's ubiquitous Gangnam Style and Jessie J's Domino ultimately helped Pop come out clearly on top.

Rock singles climb back as genre grows for second year in a row
Despite pop's dominance, the biggest-selling single of 2012 was a Rock track, Somebody That I Used To Know by Gotye ft Kimbra, with other big-hitting tracks including Fun ft Janelle Monae's We Are Youngpumping Rock's share to 20.0% overall.

Dance stays steady, Hip Hop up but R&B's rhythm slows
Dance's share remained steady at 13.8% with David Guetta's Titanium the fourth biggest selling single of the year. Nicki Minaj's Starships and Flo Rida ft Sia's Wild Ones helped Hip Hop record an improved share of 10.7% in 2012. By contrast, R&B's share of the singles market dropped significantly from 17.2% to 12.3% last year. Reggae's share improved to an impressive 0.9% thanks largely to Sean Paul's No.2 hit She Doesn't Mind.



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