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UK live music brings £4.4 billion boost to economy but income generated from grassroots venues takes a dive

News: 20th September 2017 by Louise Dodgson under Live

For once a little positive music industry news, as UK Music have reported that an increase in gig and festival audiences has generated a whopping £4.4 billion to the UK economy. Taken from their Measuring Music report, UK Music have shared that there has been a 12% rise in live music audiences ove the past 12 months.

Although, on a more sombre note the report also shows that the money being spent at smaller scale venues (those with less than 1,500 capacity) has taken a dip. Chief Executive of UK Music, Michael Dugher, commented: "“UK Music will continue to campaign to safeguard smaller music venues, many of which are fighting for survival." Read all about it via the links below...

Related Links

https://www.theguardian.com/music/2017/jul/10/uk-music-industry-gets-boost-from-12-rise-in-audiences-at-live-events

http://www.completemusicupdate.com/article/music-provided-a-4-4-billion-boost-to-the-uk-economy-in-2016/


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UK Music report shows live music contributed £4.4 bn to economy but small gig venues still struggling

 

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