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The head of ERA, Kim Bayley, called 2024 a "banner year" for music, with sales at more than double the low point of 2013. "We can now say definitively - music is back," she added in a statement.

The total consumer spend on recorded music topped the 2001 record of £2.2bn and takings from streaming services including Spotify, YouTube Music, and Amazon rose to more than £2bn.