Sony Pixel Power calrec Sony

170,000 jobs lost in live music industry before end of 2020 as revenue falls by 80%

23/10/2020

170,000 jobs lost in live music industry before end of 2020 as revenue falls by 80% posted: 23/10/2020

For the past 11 years, LIVE (Live music Industry Venues & Entertainment) in all its guises has been THE umbrella organisation that represents the UK's live music business. It's members include the Entertainment Agents' Association, the Association for Electronic Music (AFEM), the Association of Festival Organisers (AFO) the Association of Independent Festivals (AIF), the Concert Promoters Association (CPA), the Music Managers Forum (MMF), the National Arenas Association (NAA), the Production Services Association (PSA) and the Music Venue Trust (MVT). In other words, the Live Music Supply Chain, in full.

New research published today shows that over 26,000 permanent jobs will be lost in the live music industry before the end of the year if Government support is withdrawn. In addition, 144,000 FTE roles, including self-employed and freelance workers, will have effectively ceased to exist by the end of 2020.

Revenue into the industry has been almost zero since March and 2020 with a fall of 81% compared to 2019. This is four times the national UK average, where reductions across industries run at around 20%.

The cliff edge being faced by live music's workforce is revealed in independent research conducted by Chris Carey and Tim Chambers for Media Insight Consulting. The report also reveals the positive impact of the Culture Recovery Fund, which has offered a lifeline to a range of businesses in the live music industry, but this is tempered by 80% of employees still being reliant on the furlough scheme which ends this month.

The research, carried out on behalf of LIVE, the umbrella group representing the live music industry, found:

In 2019 live music supported 210,000 full-time equivalent roles, as well as tens of thousands of freelancers.

In 2019, live music contributed £4.5 billion to the UK economy.

In 2020, revenue in the live music business will fall by 81%, and revenue has been close to zero since March.

76% of live music employees were utilising the furlough scheme, as of Aug 31st, 2020.

50% of permanent roles will be lost by the end of the year (26,100 jobs), while temporary and freelance roles have already been decimated.

The Culture Recovery Fund has had a significant impact, safeguarding around 10,000 at-risk employees (this is reflected in the headline statistics).

Following the lockdown in March, and the ongoing Government restrictions on venues and events, many of those working within the live music sector have received no income at all. The new Tier 2 and 3 restrictions put further limitations on the sector reopening, though the sector is currently excluded from the Government's Extended Job Support Scheme.

The recent indication from the Prime Minister that severe restrictions could be in place for a further six months will mean a full year with next to no live music or revenues. Yet in the Government's latest financial support measures, those businesses most impacted by those Government restrictions, that cannot continue to profitably operate, stand to be supported the least.

The industry is calling on the Government to ensure that it can benefit from the Extended Job Support Scheme, recognising that it too is closed due to Government regulation and guidance.

Phil Bowdery, Chair, Concert Promoters Association, said: We were one of the first sectors to close and we will be one of the last to reopen. We are currently caught in a catch-22 where we are unable to operate due to Government restrictions but are excluded from the Extended Job Support Scheme as the furlough comes to an end. If businesses can't access that support soon then the majority of our specialist, highly trained workforce will be gone.

Andy Lenthall, general manager of the Production Services Association, the trade association for people and companies involved in live production, says: Those who have often found themselves overlooked and left behind throughout the last six months are the freelancers and self-employed - the people up and down the country that we rely on to bring us the live experiences we love. Aside from all the figures, were are talking about people whose livelihoods depend on a fully functioning live events ecosystem. It's how these people provide homes for their families.

Economist Chris Carey of Media Insight Consulting who co-authored the report adds: From the artists on stage, to the venues, and the many specialist roles and occupations that make live music happen, this research shows clearly that the entire ecosystem is being decimated.

The Culture Recovery Fund is a help, especially to grassroots music venues. However, larger companies are going to be hit harder and without ongoing Government investment in protecting this industry, the UK will lose its place as a cultural leader in live entertainment. Moreover, the skills we lose in this time will significantly hinder the sector's ability to recover and return to driving economic growth and supplying UK jobs.

The report includes sector-specific data on artists, managers, promoters, booking agents, venues, festivals, ticketing companies and technical suppliers, as well as case studies from some of those affected, and comment from industry leaders.
LINK: https://www.live-production.tv/news/cultural-events/170000-jobs-lost-l...
See more stories from liveproduction

Europe Stories

04/08/2024

Dalet Appoints Santiago Solanas as CEO to Lead Next Era of Growth and Innovation

Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....

03/06/2024

Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives

Dalet, a leading technology and service provider for media-rich organizations, a...

09/05/2024

Rohde & Schwarz showcases operational efficiency at MPTS

Rohde & Schwarz showcases operational efficiency at MPTS Uncompromised quality and reliability coupled with simplicity and efficiency Rohde & Schwarz will ...

08/05/2024

SGL Carbon: Focus on global growth trends pays off

SGL Carbon had a solid start to the first quarter of 2024. Despite the slight decline in sales of 3.9% to 272.6 million (Q1 2023: 283.7 million), adjusted EBI...

08/05/2024

EditShare Goes Beyond Storage at MPTS

EditShare Goes Beyond Storage at MPTS Workflow, server and delivery solutions from storyboard to screen Stand D40, London Olympia, May 15-16, 2024 - EditShar...

08/05/2024

Post production houses adopt Cleanfeed Cinema solution

The solutions in-browser stream focuses on low latency, making it suited to low bandwidth scenarios By Matthew Corrigan Published: May 8, 2024 The solutio...

08/05/2024

TAG unveils subtitling language detection feature

Driven by algorithms, the solution performs a quality analysis informed by language-specific dictionaries By Matthew Corrigan Published: May 8, 2024 Drive...

08/05/2024

Mobilelinks acquires 2 SAT Europe to increase SNG truck fleet

The increase in fleet size will reduce travel distances, aligning with sustainability goals, said Mobilelinks By Matthew Corrigan Published: May 8, 2024 T...

08/05/2024

Arqiva adds Caroline Cardozo and James Lelyveld to technology team

The company said the new arrivals would drive collaboration and technological transformation across key business units By Matthew Corrigan Published: May 8, ...

08/05/2024

Drr and Rohde & Schwarz collaborate on ADAS/AD functional testing for EOL and PTI

D rr and Rohde & Schwarz collaborate on ADAS/AD functional testing for EOL and P...

08/05/2024

NAGRA and Adobe's Frame.io Win NAB Product of the Year for Solution That Protects Pre-release Content Against Piracy

Cheseaux-sur-Lausanne, Switzerland and Phoenix, (AZ), USA -7 May, 2024 - NAGRA, ...

08/05/2024

Harmonic Sets the Pace for Intelligent Broadband Networks at ANGA COM 2024

SAN JOSE, Calif. - May 8, 2024 - Harmonic (NASDAQ: HLIT) today announced that it will showcase its latest broadband access innovations for fiber and DOCSIS netw...

08/05/2024

Fox Corporation Reports Third Quarter Fiscal 2024 Financial Results

Fox Corporation Reports Third Quarter Fiscal 2024 Financial Results NEW YORK, NY, May 8, 2024 - Fox Corporation (Nasdaq: FOXA, FOX; FOX or the Company ) to...

08/05/2024

It's time to hit refresh on the product roadmap

We're always being asked about our roadmap, when really what most people want to know is what features or integrations we've got planned. And if you th...

08/05/2024

Arqiva strengthens technology team

Appointments to drive collaboration and technological transformation across Arqiva's key business units 08 May, 2024, UK, Winchester, Hampshire: Today, Arq...

08/05/2024

Doireann Garrihy to leave RT 2FM

RT has today announced that Doireann Garrihy has decided to leave RT 2FM after five years. Doireann will present her final 2FM Breakfast with Doireann, Donncha...

08/05/2024

zweiB updates to latest version of R&SCLIPSTER

zweiB updates to latest version of R&S CLIPSTER Specialist in deliverables for cinema, events and trade shows Rohde & Schwarz and zweiB have extended their...

07/05/2024

Paul Whitehouse takes viewers through The Sketch Show Years in new 4-part series on Gold

7th May 2024 The nations favourite comedy channel Gold has teamed up with the ma...

07/05/2024

Clear-Com Celebrates Theatre Triumphs in Light of 2024 Tony Award Nominations

eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({ content_source:......

07/05/2024

Maximising resources: Keys to POST Luxembourg's success in the evolving media landscape

POST Luxembourgs journey with TAG Video underscores how finding a vendor who und...

07/05/2024

Softil, Rohde & Schwarz and Alea launch the world's first mission-critical communications field test ecosystem

Softil, Rohde & Schwarz and Alea launch the world's first mission-critical c...

07/05/2024

Tubi Launches Stubios, A Fan Fueled Studio for Aspiring Filmmakers

Tubi Launches Stubios, A Fan Fueled Studio for Aspiring Filmmakers Tubi Launches Stubios, A Fan Fueled Studio for Aspiring Filmmakers Stubios Seeks To Bring N...

07/05/2024

Comscore Reports First Quarter 2024 Results

Comscore Reports First Quarter 2024 ResultsRESTON, Va., May 7, 2024 Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating ...

07/05/2024

RT welcomes publication of reports

RT has today welcomed the publication of three reports by the Minister for Tourism, Culture, Arts, Gaeltacht, Sports and the Media, Catherine Martin TD: The Re...

07/05/2024

Rohde & Schwarz brings cutting-edge solutions to TECNOSEC and DRONExpo 2024

Rohde & Schwarz brings cutting-edge solutions to TECNOSEC and DRONExpo 2024 Rohde & Schwarz will showcase its innovative portfolio at TECNOSEC and DRONExpo 20...

07/05/2024

Blancco Wins 2024 SEAL Business Sustainability Award

Home News & Press Blancco Wins 2024 SEAL Business Sustainability Award Blancco Wins 2024 SEAL Business Sustainability Award May 07, 2024 Blancco's v...

07/05/2024

2024-05-07

CUPERTINO, CALIFORNIA Apple today unveiled the all-new Logic Pro for iPad 2 and Logic Pro for Mac 11, delivering breakthrough professional experiences for songw...

07/05/2024

Changes in Apple's privacy requirements

Apple's new Privacy Manifest requirement mandates that apps explicitly disclose the privacy-related data they collect, the purposes for this collection, and...

06/05/2024

Spotify Uplifts Bold, Emerging Artists in Honor of Asian and Pacific Islander Heritage Month

Around the world, Asian and Pacific Islander (API) artists continue to impact mu...

06/05/2024

Never Miss a New Release With Countdown Pages for Audiobooks

Spotify is making it easier for booklovers to count down the days, hours, minutes, and seconds until a new audiobook releases. With Countdown Pages for audioboo...

06/05/2024

Lighting a Day-Interior Caf With LEE Filters

In this video, cinematographer Simon Rowling welcomes viewers behind the scenes as he lights a daytime-interior scene inside a coffee shop. Shooting on Panavisi...

06/05/2024

Proximic by Comscore Recognized in AdExchanger's 2024 Top 50 Programmatic Power Players List

Proximic by Comscore Recognized in AdExchanger's 2024 Top 50 Programmatic Po...

06/05/2024

INRED and SES to Provide High-Throughput Connectivity Across Colombia's Amazonas

The Amazonas Digital initiative will see INRED leverage SES's MEO satellites...

06/05/2024

RT Announces Series of Major TV Debates as part of its European Parliament Election Coverage

RT has announced details of its coverage across digital, TV and Radio in the ru...

06/05/2024

AI and Big Data Take the Centre Stage in Central Asia at Beetech 2024 Hosted by Beeline Kazakhstan and QazCode

06 May 2024 AI and Big Data Take the Centre Stage in Central Asia at Beetech 20...

06/05/2024

STATEMENT CONCERNING EUTELSAT GROUP'S GROUND NETWORK

Press release - 6 May 2024 07:31 STATEMENT CONCERNING EUTELSAT GROUP'S GROUND NETWORK Facebook LinkedIn Twitter Download as PDF Paris, 06 May 2024 ...

06/05/2024

2024-05-06

To champion global movements to protect and advance equality for LGBTQ+ communities, Apple is introducing a new Apple Watch Pride Edition Braided Solo Loop, ava...

06/05/2024

SES to acquire Intelsat: Investor Relations Frequently Asked Questions

1) What is the rationale of the transaction? What is the benefit for SES shareholders? This combination creates a stronger and more competitive multi-orbit ope...

03/05/2024

Sudan: New WhatsApp Course Equips Journalists to Report on Conflict Related Sexual Violence

An innovative learning tool to help media and civil society better understand ho...

03/05/2024

Be Honest With Your Art': Danny Ocean Reflects on Sudden Stardom and His Deeply Personal New Album

If you aren't familiar with Danny Ocean's music, it's only a matter ...

03/05/2024

Spotify and ELLE Collaborate in Celebration of Emerging Women in Music

Spotify has an unwavering commitment to supporting emerging artists across all genres, to helping them launch and thrive in their careers, and to connecting the...

03/05/2024

La Msica Mexicana no es solamente un fenmeno en Mxico y Estados Unidos, tambin en toda Amrica Latina

Como uno de los sonidos de mayor expansi n en el mundo, la M sica Mexicana va m ...

03/05/2024

Msica Mexicana Isn't Just a Phenomenon in Mexico and the U.S.-It's Taking Over Latin America.

As one of the fastest-growing sounds worldwide, M sica Mexicana is more than jus...

03/05/2024

Limecraft updates content delivery platform

Enhancements to its Delivery Workspace solution provide increased content delivery robustness and security By Matthew Corrigan Published: May 3, 2024 Enha...

03/05/2024

Sony and Apollo submit $26 billion bid for Paramount Global

According to reports, if the bid is successful, Sony would be the significant majority shareholder of the new private company By Jenny Priestley Published: M...

03/05/2024

Global Academy launches Manchester media school

Located in Manchesters Spinningfields district, the course aims to equip students with the skills, knowledge and industry insight for a career in the creative s...

03/05/2024

Rohde & Schwarz presents cutting edge solutions at DSA 2024

Rohde & Schwarz presents cutting edge solutions at DSA 2024 Rohde & Schwarz demonstrates products and solutions for secure and robust communications and high-...

03/05/2024

Creativity and color tools. Toronto. 30 May 2024

Join Alter Ego and FilmLight for an exclusive afternoon focusing on creativity and color tools - followed by drinks at The Ruby Soho Bar. Thursday 30th May, fr...