Search The Line of Best Fit
Search The Line of Best Fit

Adele helps bring in £78 million turnover for XL Recordings

15 October 2013, 18:29 | Written by Hannah Mae Collins


Despite no plans from the singer to release new material until next year, indie label XL Recordings are still riding high on the success of Adele‘s multi-award winning second album, 21.

The label has revealed a turnover of £78.6 million in 2012 and pre-tax profits of £25.4 million, according to The Telegraph, with much revenue reportedly generated by the singer.

The album reached number one in more than 30 countries and is the biggest seller of the 21st century, with a reported 26 million copies sold by the end of 2012.

With the record still proving successful for the company two years after its release, XL have noted that the industry as a whole seems to have turned a corner after years of decline.

[via CMU]

Share article

Get the Best Fit take on the week in music direct to your inbox every Friday

Read next