Britain’s live music sector is growing. According to a new report, spending on live music and associated businesses reached a record £6.1 billion in 2024 - an increase of 17% from 2022.
LIVE – the industry body that represents the live music sector – calculated the economic impact of over 55,000 gigs, festivals and events in the UK. It reveals a market which at its top end was booming in 2023, as Premier League artists such as Beyonce, Elton John and Coldplay undertook lucrative stadium tours. Nearly three quarters (73%) of that £6.1billion is accounted for by such artists.
