PwC suggest UK live music recovery will take years

2025 revenue predictions will almost be equal to 2019, pre-Covid

News By Gordon Masson | 15 July 2021

A young couple enjoying a performance at a festival together
The good times are on their way back for the UK's live music industry

The UK’s entertainment and media industry is forecast to return to growth and be the biggest market in Western Europe by 2025, according to PricewaterhouseCoopers’ Global Entertainment and Media Outlook 2021-2025.

In the latest edition it is forecast that UK live music revenue will grow at a compound annual growth rate of 17% over the next four years. This year, PwC forecasts live music revenue will grow to £846m after falling to £225m last year. By 2025, live music revenue…

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