Music streaming is up 700% this year

The growing popularity of internet music services likeSpotify has sent the number of streamed tracks up by almost 700 per cent in the UK.

In an interview with The Guardian, David Joseph, chairman and chief executive of Universal Music UK and Ireland revealed that over 7.5 billion tracks have been streamed this year.

During the whole of 2011 only 1.1 billion tracks were streamed through the likes of Spotify, Deezer and Last.fm, representing a seismic shift in the way Brits are consuming music.

The Guardian points out that another 250 billion songs have been viewed through YouTube this year.

Source: Guardian