Fuelled by continuing growth in streaming, 4.6% increase defies expectation of fall after bumper 2020
British consumers spent a record figure of almost £10bn on home entertainment last year as the pandemic continued to fuel a boom in streaming services such as
Netflix and Spotify.
That included a “miracle” increase in revenues from sales of physical
music formats after two decades of seemingly inexorable decline, helped by fans starved of live gigs spending their extra cash on vinyl.