50 plus Driving Music growth
Published December 27th, 2005
The over-50s are having an increasing impact on the UK music industry, a survey by the record labels’ trade body and Age Concern suggests.
The British Phonographic Industry (BPI) report found 59% of over-50s had bought an album in the previous three months and 29% bought at least six CDs a year.
Favourite artists include Il Divo, Rod Stewart, Tony Christie, Katherine Jenkins, G4 and Ronan Keating.
The BPI said older music fans were driving a growth in sales.
“Nearly a quarter of all albums are bought by older music fans, and that percentage is set to grow as the UK population ages,” spokesman Matt Phillips added.
Only 4% of over-50s own a digital music player but 23% intend to buy one in the future, the study found.
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