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Value of the UK live music scene surges to 1.1 billion

The brand new figures reveal the UK’s music scene is booming

The UK’s dwell music scene has earned file highs of £1.1bn – a rise of 10 per cent on figures from 2017.

In line with the ‘Music By Numbers’ report, the UK music trade continued to develop throughout all sectors final 12 months however largely within the space of dwell music.

In addition to this, “music tourism” elevated, as followers travelling from abroad or throughout the UK to get to dwell occasions contributed an enormous 4.5bn to the UK economic system. These visiting the UK for reveals and festivals additionally surged, rising to 888,000 in 2018 from 810,000 in 2017.

Chatting with The Guardian, Michael Dugher, the chief govt of UK Music, the trade physique behind the annual report, mentioned: “Reside music is now at a file excessive and continues to attract thousands and thousands of followers from each the UK and overseas to our arenas and smaller venues alike.”

Reside music at Y Not competition – Credit score: Ollie Millington / Getty

Live performance attendance stayed at comparable ranges however the report additionally revealed that competition going was on the rise, with 4.9 folks attending in 2018 – a rise of 23 per cent.

The figures come because the writers of the report identified that lots of the 139,352 musicians employed by the trade final 12 months are nonetheless struggling to earn a residing.

“A small proportion of creators within the trade do earn exceptionally effectively…You will need to perceive these figures don’t mirror the monetary struggles of many music creators.”

Final 12 months, The CEO of UK Music warned Brexit may pose a threat to the nation’s dwell music trade and touring acts.

In a letter to Could, Michael Dugher, CEO of UK Music – the umbrella organisation that represents trade teams similar to PRS (Performing Proper Society), PPL (Phonographic Efficiency Restricted), and the BPI (British Phonographic Trade) – mentioned Brexit may threaten the event of musical expertise in Britain.

“The ending of free motion with no waiver for musicians will put our fast-growing dwell music sector, that generates round £1 billion a 12 months for the UK economic system, at critical threat,” Dugher wrote. “The pricey paperwork will make touring merely unviable for very many artists who must earn a residing and it delivers a hammer blow to improvement of future, world-leading British expertise.”

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