Live Music UK
Recent research into the UK live music economy found that live music generated £1.82 billion GVA (Gross Value Added) during 2021.
This was a decline of 60% when compared to 2019 (£4.5 billion), the most recent full year of activity.
This breaks down to £1.1 billion from concerts, and £710 million derived from festivals.
By comparison, in 2019, live music contributed £4.5 billion GVA, £2.74 billion from concerts, and £1.76 billion from festivals.
Live music supported 118,000 roles in 2021, ranging from on- stage talent and production specialists to event-only bar staff, down from 210,000 in 2019.
Core (permanent) FTE staff fell by 14% to 47,000, while casual staff FTE s fell to 71,000, a decline of 55%.
See full report here