Report hails Spanish gigs’ €5bn+ economic impact

Spanish concerts and festivals generated an economic impact of more than €5 billion last year, according to a new report.

Based on data from a study by Sympathy for the Lawyer (SFTL) and Incentiva Music, consulting firm LIN3S’ Festivals: A New Cultural Engine publication states that more than five million people attended festivals in Spain in 2024, resulting in a €5.314bn economic boost and a direct contribution of €1.2bn.

STFL and Incentiva’s statistics combines official APM and SGAE ticketing revenue data with its own methodology for estimating direct, indirect and induced economic impact. Live music alone was responsible for €725m in income.

Spain places third in Europe in terms of its number of festivals – behind Germany and the UK – and is responsible for…

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