London - U.K. record company revenues outside direct sales of music -- such as licensing, and other areas outside the recording copyright -- increased by 13.8% to $242 million in 2007, and now account for 11.4% of their domestic income, according to a report from the BPI, a record label trade group. The report noted that income from new digital business models -- such as on-demand Web and mobile streaming -- grew by 55.7% in 2007.

Income from synchronization, or the use of music in advertising, films, games and other media was up 20.1% last year.

There was also a 14.8% increase in record label income from broadcast and public performance licensing.

New income from the all-encompassing "360 deals" that labels are beginning to sign with artists, which give them a cut of merchandise, touring and other areas not typically part of contracts, increased 16.2% in 2007.

"Selling CDs and digital downloads remains the main way in which we recoup that investment, but increasingly new streams of revenue are coming into the picture," said BPI chief executive Geoff Taylor.

"As consumption patterns change, music companies are finding new ways to recoup the huge investments they make in music. They are using new technology to find new audiences and offer consumers more choice."

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http://www.bpi.co.uk/news/press/news_content_file_1144.shtml