UK live music brings £4.4 billion boost to economy but income generated from grassroots venues takes a dive
News by Louise Dodgson under Live
20th September 2017
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...
