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

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.

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