UK Music calls for revival of “our world-leading music industry” after estimating musicians will lose 65% of their income in 2020
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nme.comcoronavirus pandemic has dealt the sector in 2020.The organisation, who represent the collective interests of the country’s music industry, made the plea as they published their annual Music By Numbers report today (November 18), which reveals the economic contribution of the UK music business to the British economy.The official figures in the report cover the 12 months up to December 31, 2019, so they do not reflect the huge impact that the health crisis has had on the music industry in 2020.The report states that the UK music industry contributed £5.8 billion to the UK economy in 2019 (up 11% from £5.2 billion in 2018) and that employment in the industry hit an all-time high of 197,168 — an increase of 3% from 190,935 in 2018.The total.
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