MBW’s Stat Of The Week is a series in which we highlight a single data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company. UK record labels spent a combined £494.8 million ($680m) on A&R, marketing…

UK record labels spent $41m on A&R every month in 2021