Report from Live shows spending £2bn higher than before Covid-19 shutdowns, although grassroots venues are still closing at an increasing rate
UK consumer spending on live music events reached a record-breaking total of £6.68bn in 2024, up 9.5% on the previous year, fuelled in part by Taylor Swift’s blockbuster Eras tour.
The report from Live (Live music Industry Venues and Entertainment), the recently formed body advocating for the British music industry’s interests before government, signals a full-bodied return from the effects of Covid-19. The figures are 28.2% higher than in 2022, when live music more or less resumed after the pandemic, and more than £2bn more than in 2019, the last fully functioning year for live music prior to the shutdown.
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