UK live biz grows 14%…but threat of “negative” Brexit looms
The UK live music industry is now worth a staggering £1bn, reveals the new Measuring Music 2017 report – although many respondents are worried Brexit will spoil the party
News By | 20 September 2017
The value of the British live music business topped £1 billion (US$1.35bn) for the first time in 2016, growing by 14% in a remarkable 12 months for the industry.
However, half of those working in the UK music industry say they fear a “negative impact” resulting from Britain’s 2019 exit from the European Union, reveals UK Music’s latest Measuring Music study, with chief executive Michael Dugher warning once again that government must act to end the “cloud of uncertainty” currently hanging over the business.
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