Live Music Exchange Resources
Is live the future of music? – Will Page (2007)
Author(s): Will Page (PRS for Music)
Organisation/Affiliation/Publisher: Music Ally, the REPORT, Issue 181
Date: 29/11/2007
One question on everyone’s mind throughout 2007, but never formally asked or answered, is whether the value being made out of the apparently booming ‘live’ sector will overtake the value created by the ‘recorded’ music industry (if it hasn’t already). As the industry enters an increasingly uncertain 2008, Will Page, Chief Economist at the MCPS-PRS Alliance, offers an economic view on how best to approach this question, and whether an answer can be constructed.