Music: Contribution to the Economy

Answer

A survey of 38 classical music venues in the West Midlands’ annual turnover estimated that classical music in the region produced a direct value of £55 million annually. With the addition of income generated by venue and ensemble promotion, the figure was estimated at £67 million. The regional public investment in the arts for the same year was £6.8 million.
Making a Noise: The economic impact of classical music in the West Midlands, Arts Council England (ACE) Northwest, 2007

In 2006 one ticket outlet reported the sale of 15 million tickets for live music events throughout the UK.
Live Music Forum: Findings and Recommendations, Department for Culture, Media and Sport (DCMS), 2007

A study in 2006 revealed that the overall value of Scotland’s biggest music festival, T in the Park, was £18 million.
Live Music Forum: Findings and Recommendations, DCMS, 2007

In 2006 it was reported that sales of jazz CDs through shops, websites and at gigs reached almost £40 million, while ticket sales for jazz concerts and festivals were worth £22.5 million.
‘Putting jazz on the map. The value of jazz in Britain’, Laing, D, Jazz UK, February 2007

In 2006 it was estimated that the four major recording companies- Universal, Sony BMG, EMI and Warner- accounted for 80% of recorded music sales.
Staying Ahead: the economic performance of the UK’s creative industries, The Work Foundation for DCMS, 2007

The UK was the third fastest growing online music market in the World after the US and Japan in 2006.
Creating growth: How the UK can develop world-class creative businesses, National Endowment for Science, Technology and the Arts (NESTA), 2006

It was suggested in 2006 that illegal file sharing had cost the UK music industry £654 in lost sales since 2003.
Creating growth: How the UK can develop world-class creative businesses, NESTA, 2006

In 2006 it was estimated that for every £1 of Arts Council Subsidy, the Grand Opera House in Northern Ireland generated a direct and indirect spend of £5.23, and the Ulster Orchestra, £2.41.
Annual Review 2005-06, Arts Council of Northern Ireland (ACNI), 2006

Public performance royalties collected in the UK on behalf of composers, songwriters and music publishers grew from £6.4 million in 1999 to £14.7m in 2005.
Live Music Forum: Findings and Recommendations, DCMS, 2007

In 2005 musicians spent £110 million on electric, bass and acoustic instruments, up from £102 million in 2004.
Live Music Forum: Findings and Recommendations, DCMS, 2007

In 2005 it was estimated that Glastonbury Festival’s impact on the local economy could be over £50 million, including the £750,000 employers’ income tax bill for the 1,100 people employed. 
Live Music Forum: Findings and Recommendations, DCMS, 2007

During Glastonbury 2005, festival goers spent over £5 million with companies based within 25 miles of the site.
‘Live music isn’t just about teenage kicks’, Feargal Sharkey, Guardian Unlimited 15 March 2006, cited in Music Industry Project Northwest, Burns Owens Partnership for ACE Northwest, 2006

The annual turnover of the jazz sector of the British music industry was almost £88 million in 2004-05.
‘Putting jazz on the map. The value of jazz in Britain’, Laing, D, Jazz UK, February 2007

In 2004 it was estimated that UK folk festivals generated spending of over £82 million a year.
Live Music Forum: Findings and Recommendations, DCMS, 2007

During 2004 the proportion of music sales accounted for by legal downloads rose from 3% to 52.5%, with global sales growing by 1000% during the year.
Creating growth: How the UK can develop world-class creative businesses, NESTA, 2006

The music and performing arts industry’s gross value added for 2004 was £3.6 billion, compared with below £2.6 billion in 1997.
Staying Ahead: the economic performance of the UK’s creative industries, The Work Foundation for DCMS, 2007

Live Music in 2004 attracted a total audience of over 8 million people.
National Arenas Association, 2005, cited in Music Industry Project Northwest, Burns Owens Partnership for ACE Northwest, 2006

In 2004, the music industry was generating £45 billion.
London Cultural Capital; Realising the potential of a world-class city, Greater London Authority, 2004

A 2004 survey found that 18% of small music enterprises were not primarily concerned with making money.
Creating growth: How the UK can develop world-class creative businesses, NESTA, 2006, quoted in Publicly-funded culture and the creative industries, John Holden/Demos for ACE, June 2007

In 2003, music industries were estimated to have the potential to grow at a rate of 4.3% between 2000 and 2013.
London Cultural Capital; Realising the potential of a world-class city, Greater London Authority, 2004

A 2003 study stated that the commercial music sector contributed £3.2 billion annually to the economy, and earned £1.3 billion through exports.
Sounding out the Future, University of Paisley, 2003, cited in Music Industry Project Northwest, Burns Owens Partnership for ACE Northwest, 2006

In 2002, music contributed £5 billion to the economy, with £1.3 billion from exports.
‘Arts challenge to Brown’, Arts Industry issue 163, 16 June 2006

In 2001, the UK’s music industry output was £4.6 billion, which was nearly 10% of world music sales.
London Cultural Capital; Realising the potential of a world-class city, Greater London Authority, 2004

London’s music societies were estimated to be worth over £2 million in 2000.
London Cultural Capital; Realising the potential of a world-class city, Greater London Authority, 2004

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