Naman Ramachandran The debilitating impact of COVID-19 wiped out 69,000 jobs, or one in three of the workforce, the annual report by industry body U.K.
Music has revealed.The This Is Music 2021 report also records that employment plummeted 35% from 197,000 in 2019 to 128,000 in 2020; the music industry’s economic contribution fell 46% from £5.8 billion ($7.9 billion) to £3.1 billion ($4.2 billion) in 2020; and music exports dropped 23% from £2.9 billion in 2019 to £2.3 billion in 2020.
Glastonbury was among the hundreds of festivals and live music events canceled, studios and venues were forced to close, and musicians and crew were unable to work.
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