Economic Insight 20: Adding up the UK Music Industry for 2009 – Will Page/Chris Carey/PRS for Music

Author(s): Will Page and Chris Carey
Organisation / Affiliation: Performing Right Society
Date: 08/04/2010

Report assessing the value of the entire UK Music industry including breakdowns by sector and geographic area.

The big numbers for 2009: £3.9 billion, up 5%.  UK music bucking downward trends at home and abroad; International licensing revenues underpin the success; Recorded revenues stabilising, live continued to grow.

Notes that music’s relationship to tourism is increasingly important, that Scotland punches above its weight in relation to size of population and that London’s share of the total is shrinking, even though live music revenues are still growing there.

Click here to read the full report