Live Music Exchange Resources

Economic Insight 15: Adding up the music industry for 2008


Author(s): Will Page
Organisation / Affiliation: Performing Right Society
Date: 20/07/2009

Report assessing the total value of the U.K music industry. Addresses methodological issues in creating such a figure and provides comparative date- including estimates of figures for different sectors. Notes the likely effect of the wider economic downturn.

Total figure given as £3.6 billion for 2008. Live music grew in 2008, primary tickets grew by 13% to £905 million, secondary tickets grew by 4% to £149 million and ancillary revenues grew by 18% to £338m.

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