The question of how much money music rightsholders have to invest in artists and songwriters in the modern era bubbles up regularly, but now British music bodies the BPI and MPA have provided a new answer. In a joint report, they have claimed that in 2014, UK-based labels spent £178m on A&R, and a further £157.4m on marketing and promotion – with the total of £335m representing just under 48% of their revenues that year.
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