Live music industry made record economic contribution in 2019
18th November 2020 (Access All Areas). The live music sector enjoyed a record year in 2019, contributing £1.3 billion to the UK economy – up 17% on its £1.1bn contribution the previous year, according to UK Music’s Music By Numbers 2020 report. The £1.3bn GVA used in the organisation’s annual report does not include associated spend around events, such as the purchase of food and drink. The UK music industry campaigning and lobbying group’s annual report found that the live sector employed 34,000 people last year, up 11% from 30,529 in 2018. Exports also grew 8% to £86 million from £80m in 2018.
Reporting by Christopher Barrett.
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