UK music industry scales record £7.6bn heights as grassroot venues suffer

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 89%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Artists from Adele and the Arctic Monkeys to Ed Sheeran and Harry Styles sees music business make and break records

ByThe UK’s music business scaled new heights, contributing a record £7.6bn to the economy last year despite the ongoing crisis facing small music venues and the threat from artificial intelligence song writing.

But he warned it was not “a time to be complacent”, warning that the UK music industry “has vulnerabilities too” which threaten its world-leading status. charity. An estimated 192 festivals have disappeared since 2019 and 60 festivals announced a postponement, cancellation or closure this year to date, according to the Association of Independent Festivals.can be use to replicate and produce music at a rate and a quality beyond humans, threatening their creativity.

“Coupled with a long term decline in music education, this all hinders the music industry’s ability to build a talent pipeline for now and for the future.” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

London’s snaring of France’s Canal+ to revive moribund listing marketExpected €6bn-€8bn IPO is set to be the largest listing in City since 2022
Source: ftenergy - 🏆 47. / 63 Read more »