The UK government has announced an over $500 million investment, including in the music space, under its Creative Industries Sector Plan. That £380 million (currently $512.9 million) package was disclosed today as part of the decade-long Creative Industries Sector Plan. The latter was released alongside a broader Industrial Strategy designed to “make the UK the best place to do business.”
Source: UK Gov Unveils $500M Creative Industries Sector Plan Investment





In its newly released Industry Insights 2024 report, the United Kingdom’s Publishers Association has announced that, “Audiobooks and fiction drove publishing growth in 2024. “Audiobook revenue was £268 million (US$361.2 million)—a record high that’s 31 percent above the same figure in 2023.” In fact, digital formats are reported to have been “a key driver of growth with increased revenue across all three sectors—academic, educational, and consumer.”