Music industry contributes £7.6 Bn to UK economy
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Music industry contributes £7.6 Bn to UK economy

Music industry contributes £7.6 Bn to UK economy in 2024 according to UK Music, the collective voice of the UK music industry representing all sectors of the industry. In their annual economic report, This is Music 2024, they set out the contribution made by the music industry to the UK economy. Their key findings were: UK music’s contribution to the UK economy in 2023 hit a record £7.6 billion in terms of Gross Value Added (GVA) – up […]

UK music exports generated £4 Bn in 2022
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UK music exports generated £4 Bn in 2022

UK music exports generated £4 Bn in 2022 according to UK Music, the collective voice of the UK music industry representing all sectors of the industry. In their annual economic report, This is Music 2023, they set out the contribution made by the music industry to the UK economy. Their key findings were: UK music exports generated £4 Bn in 2022 – a figure aided by growth in recording and music publishing, as well as […]

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COVID-19 wiped out a third of music jobs in UK

COVID-19 wiped out a third of music jobs in UK according to a recent study by UK Music, an organisation that represents all sectors of the UK music industry. In its annual report, This is Music 2021, it reveals the devastating impact of COVID-19, which wiped out 69,000 jobs – one in three of the total workforce. Key findings of This is Music 2021 Employment plunged by 35% from 197,000 in 2019 to 128,000 in […]

Music industry contributes £5.8 Bn to UK economy
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Music industry contributes £5.8 Bn to UK economy

Music industry contributes £5.8 Bn to UK economy with music tourism contributing another £4.7 Bn in benefits according to a new report by UK Music. The Music By Numbers 2020 report contains details of the contribution of the live and recorded music sectors of the British music industry to the economy. The report shows that the UK music industry continued to grow in 2019 across every sector before the COVID enforced shutdown hit in early […]

UK Music publishes 2020 Music Diversity Survey
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UK Music publishes 2020 Music Diversity Survey

UK Music publishes 2020 Music Diversity Survey and unveils a Ten Point Plan to put the music business ‘front and centre’ of the drive to tackle racism and boost diversity in Britain. Since its launch in 2016, the survey has tracked progress to boost diversity and inclusion in the UK’s music industry that contributes £5.2 billion a year to the UK economy and sustains 190,000 jobs. Key findings of the 2020 Music Diversity Survey Representation […]

Music By Numbers 2019
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Music industry contributes £5.2 Bn to UK economy

Music industry contributes £5.2 Bn to UK economy with over half of music industry output exported according to a new report by UK Music. The Music By Numbers 2019 report contains details of the contribution of the live and recorded music sectors of the British music industry to the economy. Recent reports by IFPI show that the UK was the third largest recorded music market in the world last year and the second biggest in […]