UK music tech faces scale-up crunch as growth funding collapses Tech Britain’s music tech sector is facing a scaling crisis, with funding for growth-stage firms collapsing by 90 per cent over the last five years despite the rapid rise of AI and growing investor interest in music licensing infrastructure. A new report from industry body Music Technology UK (MTUK) found investment into growth-stage music tech companies [...]
Coldplay rake in over £250m in profit from world tour Business Coldplay have earned more than £250m in profit from their record-breaking Music of the Spheres World Tour, according to new figures. Frontman Chris Martin, guitarist Jonny Buckland, bassist Guy Berryman and drummer Will Champion performed their shows between March 2022 and September 2025. Over the course of 225 performances, the tour racked up more than [...]
Dua Lipa and Olivia Dean drive UK music boom despite fragile backdrop Media The UK recorded music industry chalked up an 11th consecutive year of growth this year, thanks to a new generation of British artists breaking through at home and overseas. The sector wins come despite mounting pressures that threaten its grassroots foundations. Figures published by industry body BPI show total recorded music consumption rose 4.9 per [...]