Q3 2012

In-depth analysis of exclusive Official Charts Company data SINGLES • ALBUMS • CATALOGUE • COMPILATIONS • MAJORS • INDEPENDENTS • DISTRIBUTION 02 Q3 2012 www.musicweek.com

ALL CHARTS, GRAPHS AND DATA IN THIS REPORT ARE COPYRIGHT OF THE OFFICIAL CHARTS COMPANY

All analysis in this report is the copyright of Intent Q3/2012 Music Week, Intent Media, 1st Floor, Suncourt House, 18-26 Essex Road, London N1 8LN Media, and all charts, graphs Tel 020 7226 7246 and data in this report are Web www.musicweek.com / www.intentmedia.co.uk copyright of the Official Head of Business Analysis / Music Week editor Charts Company. Any Extensive report compiler Tim Ingham Paul Williams Publisher republication of this analysis from Dave Roberts information is strictly Design and layout Managing director forbidden. All rights Music Week, Ed Miller Stuart Dinsey are reserved. based on Official Charts CONTENTS Company data 04 - 05 The albums market 24 Top 100 artist albums Music Week elcome to ’s third quarterly market 06 - 07 The singles market analysis W report, brought to you in association with the Official Charts Company. 09 Universal focus Covering a period in which the world’s eyes were on the UK 26 Compilations because of the Olympics and Paralympics, what you have here 10 Sony focus provides the most in-depth analysis available of the recorded 27 Digital albums music market in the third quarter of 2012. We look at not just the 11 Warner focus headline figures, but go much deeper to make sense of what was 28 Budget albums and vinyl sold and in what quantity. 12 EMI focus Comprising more than 30 pages, our study includes a 13 Independents focus 29 Catalogue albums detailed overview of the singles and albums markets as well as a focus on compilations, digital, vinyl and budget albums, 14 Distribution analysis 30 New albums catalogue and the top album sellers of Q2 by a range of genres stretching from pop, rock and dance to folk, heavy metal, 16 Top 100 artist albums 31 Albums by genre classical and jazz and blues. Our singles coverage also looks at of the quarter the sector genre by genre. We further exclusively take an in-depth look at the quarter’s 20 Top 100 singles of 34 Singles by genre biggest sellers in microscopic title with a comprehensive run- down of the 100 top singles and artist albums, with each release the quarter 36 Market shares containing such information as label and corporate group and quarterly and cumulative sales. SALES STATISTICS Q3 2012 We also look at what happened from the viewpoint of the Source: Official Charts Company record companies, examining the performances one by one of Universal, Sony, Warner, EMI and the independents as well as the SALES PERIOD SINGLES TOTAL ALBUMS ARTIST ALBUMS COMPILATIONS ‘UNMATCHED’ leading distributors. Q3 2012 45,106,167 19,940,747 14,871,650 4,447,838 621,259 The quarter in question was undoubtedly another tough one Q3 2011 42,595,023 21,772,087 17,061,529 4,039,173 671,385 for the record industry, one which faced the challenges of yet TREND again coming up against Adele’s 2011 numbers, a weak release schedule in July and August and the added distraction of % CHANGE +5.9% –8.4% –12.8% +10.1% N/A London 2012. The star releases did eventually arrive, though, including CD ALBUMS DIGITAL ALBUMS VINYL ALBUMS OTHER Mumford & Sons delivering the year’s highest weekly sales for an Q3 2012 12,589,486 7,261,532 83,895 5,839 artist album right at the end of the quarter, while in contrast to Q3 2011 15,570,039 6,130,173 63,701 8,174 yet further big CD sales declines, singles, digital albums and compilations all convincingly continued to increase. TREND Paul Williams, % CHANGE –19.1% +18.5% +31.7% –28.6% Head of Business Analysis YEAR TO DATE 2012 Source: Official Charts Company 46 SALES PERIOD SINGLES TOTAL ALBUMS ARTIST ALBUMS COMPILATIONS ‘UNMATCHED’ 9 776669 776136 THE BUSINESS OF MUSIC www.musicweek.com 16.11.12 £5.15 BIG INTERVIEW ANALYSIS MEDIA 2012 138,690,133 63,510,926 49,052,102 12,423,118 2,035,706 13 20 24 4AD’s Simon Halliday on the Radio 1 won’t play One of commercial radio’s most Q3 iconic indie label’s recent Robbie Williams – successful programmers, Andy Roberts, success and its future has it got a case? on the changing shape of broadcast 2011 130,608,660 72,288,527 58,085,259 11,869,528 2,333,740 2012 ELEVEN TAKEOVERS HAVE COST MAJORS £3.8BN IN TWO DECADES – BUT HAVE THEY BEEN WORTH IT?

In-depth analysis of exclusive Official Charts Company data SINGLES • ALBUMS • CATALOGUE • COMPILATIONS • MAJORS • INDEPENDENTS • DISTRIBUTION Tobuy or not to buy TREND

LABELS concentrates on deals for closed or amalgamated with Similar fates awaited the one of the US market’s most individual labels rather than one another record company. artists and operations of famed successful labels with a roster I BY PAUL WILLIAMS major group completely buying Around half the total outlay label names such as A&M, including Eminem and Lady s a reported 90-plus out a rival major, such as covered Bertelsmann buying a Chrysalis, Geffen and London Gaga, and Island Records, +6.2% –12.1% –15.6% +4.7% N/A parties eye up a wealth of Universal’s $1.9bn (£1.2bn) 75% stake in Zomba in 2002, Records (although several have consistently the most successful % CHANGE A Music Week EMI assets, a A&R source for UK repertoire. study today highlights the Island led the Official UK potential business perils of singles and artist albums charts buying iconic labels. last Sunday with former EMI Across the last two decades signing Robbie Williams. past and current major record Several of the famous labels company owners have spent analysed in our piece have either billions of dollars snapping up changed hands recently because famous rivals to instantly expand of the EMI buy-out or are about their operations. However, the to again because Universal must CD ALBUMS DIGITAL ALBUMS VINYL ALBUMS OTHER results have been mixed: some divest them to meet EC labels have successfully takeover conditions. prospered under their new These include Chrysalis, now owners, while a number of part of the Parlophone Label others were immediately or Group housing properties ultimately plundered for their Universal must sell. biggest artists and then either Among reportedly more than 41,217,102 22,012,467 258,667 22,694 merged with another record 90 parties who have enquired 2012 company or closed altogether. about the assets are understood In our analysis we examine to be rival majors Sony and 11 deals from both sides of the takeover of EMI. having already previously subsequently been revived), Warner, BMG Rights and a Atlantic from the 1990s The 11 takeovers collectively acquired 25% of the company. In although other labels have combination of Simon Fuller onwards in which celebrated cost the majors around $6bn less than a decade Zomba label prospered after being taken over. and Chris Blackwell. record companies were bought (£3.8bn) but more than half the Jive had been shut and its artists These include two Universal I Read Music Week’s Business 53,318,470 18,701,035 234,566 34,456 by major rivals. The study labels purchased have since been transferred to RCA. companies: Interscope, which is Analysis: pages 16-18 2011 New acting BBC radio chief named to replace Davie The BBC has appointed Those in the running to classical and popular music into Jimmy Savile’s alleged Graham Ellis as the new replace Davie on a permanent across radio and television. history of sexual abuse. acting director of its Audio and basis are thought to include George Entwistle stood Then, on November 2, Music division. BBC Radio 2 and 6Music down on Saturday after just 54 interviewee Stephen Messham TREND Ellis will replace Tim Davie controller Bob Shennan. days as DG, following two suggested on the programme (pictured left) on an interim Ellis is the former controller major recent scandals that that a leading Tory politician basis. Davie has taken up of production for the Beeb’s have engulfed BBC Two’s from Margaret Thatcher’s the post of acting director A&M department, which is Newsnight programme. government had repeatedly general following the responsible for all the BBC’s First, it emerged last month sexually abused him as a resignation of George Entwistle national radio networks and for that Newsnight had scrapped child in Wales – but later over the weekend. the production of most of the plans to run an investigation retracted the claim. % CHANGE –20.8% +17.7% +10.3% –34.2%