Music labels make £193.5m away from record sales

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Secondary revenues, which do not include CD sales or digital services, brought in £193.5 million in 2009, an increase of 6.6% on 2008.

The figures, which also include income received for music played on radio, television and in pubs and clubs, account for 20.8% of total industry revenue.

Geoff Taylor, from the industry group BPI, which released the figures, said it shows the record industry could transform itself in the face of the "enormous challenge from illegal downloading".

He said: "UK record companies have responded to tough market conditions by innovating in the digital world and developing new revenue streams from recorded music, beyond their traditional base of CD sales and the encouraging growth in digital a la carte, subscription and streaming services.

"Music companies continue to face an enormous challenge from illegal downloading, but are responding positively by transforming themselves for the future, identifying new opportunities to generate returns from the massive investments they make - hundreds of millions of pounds per year - in UK talent.

"British music is being licensed to films, TV and especially games like never before. And innovative, inclusive record deals in which labels forge a broader partnership with artists, encompassing proceeds from concerts and merchandise, also grew significantly year-on-year."