“For the vast majority of MMF members, live music represented their most significant source of revenue”
Following Brexit and a global pandemic, both of which continue to trigger negative ripples, we are now deep in a seismic and catastrophic cost-of-living crisis. As recently highlighted by former PRS and Spotify economist Will Page, our entire business has been completely upended in less than three years.
Before the world stopped in March 2020, live music represented a larger slice of the UK music business than recorded. In 2019, audiences spent £1.7bn [€1.9bn] on concert tickets and £1.4bn [€1.6bn]…
Music Managers Forum CEO Annabella Coldrick outlines why the economics of live music need to work for everyone in the value chain
Comment 9 December 2022