Category: Music Industry Report (Page 2 of 2)

UK Music – Study raises questions over unintended effects of constraining British artists to domestic tours post-Brexit.

Music brought in over £6.6bn and 14 million tourists to the UK’s economy last year, a new study has found. The study highlights the country’s continued cultural soft power and raises questions over unintended effects of constraining British artists to domestic tours post-Brexit.

UK Music, a collective organisation representing the nation’s music industry, has released its

‘Here, There and Everywhere’ report

detailing the impact of music on the UK’s economy in 2022.

The headline figures of the study were that the British music scene brought 14.4 million tourists to live gigs such as last year’s Glastonbury Festival, headlined by Sir Paul McCartney and US artists like Billie Eilish and Kendrick Lamar.

“Music is one of our country’s great assets – not only is it absolutely critical to the economic success of our local areas, but it also generates huge amounts of soft power and helps put our towns and cities on the global map,” UK Music Chief Executive Jamie Njoku-Goodwin said.

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The Industry Report 2023 by Entourage Pro Ltd.

The Industry Report 2023 has sought to provide some context around members hopes, fears and considerations on topics such as the cost-of-living crisis, mental health, diversity, prediction, industry sentiment and pay.

Entourage Pro Ltd, the world’s first free, verified crew network and entertainment industry research and insights company, has published a report based on member’s feeling and predictions for the year ahead.

In conjunction with technical industry measurement, and with input from the global freelance crew community, manufacturers, rental houses and key industry stakeholders from the live entertainment sector, The Industry Report 2023 has sought to provide some context around members hopes, fears and considerations on topics such as the cost-of-living crisis, mental health, diversity, prediction, industry sentiment and pay.

Over 1000 respondents took part in the survey, providing a comprehensive and detailed sample range for the purpose of the report.

Read the report here

“We’ve spent a lot of time speaking to industry bodies, crew members, suppliers, manufacturers and the wider music industry,” says Entourage Pro Director, Joel Perry. “Whilst there are some concerns for the year ahead, there is also a feeling of optimism. Areas such as education, people value, exploring new ways to build relationships and to undergo training, etc., are being brought to the forefront of attention and from this, as an industry, we are ready and able to react.”

“We’ve published results as they’ve come into us and remain impartial,” adds Entourage Pro co-director, James Stanbridge. “As we measure the industry in more detail moving forward, in terms of kit, market share, venues, and trend, we hope that this direct approach is helpful and useable to all segments of the industry.”

“Now is the perfect time to listen intently to the industry and those operating within it, and really act upon the issues and challenges we continue to face,” concludes Harvey Goldsmith, who joined the Entourage Pro board at the end of last year. “Where better to gain valuable insight than from those at the very sharp end of the experience economy, and who better to action change moving forward?”

To read the report, visit https://www.entouragepro.com/industry-report

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