Njoku-Goodwin added: “I am convinced we have the people, the drive and determination to fire up our industry once more and become a key part of our country’s post-Covid-19 economic and cultural revival. This site contains product affiliate links. The UK music industry was a vibrant, fast-growing and commercially successful sector before the pandemic hit, and with the right support it can be again. The Music Industry Toolkit is a resource directory created and curated by MAJOR to discover tools and knowledge used by music industry professionals to power their career in the music industry. “This report shows just how valuable our music industry is – and how important it is that we take action to protect it. It boosts Britain’s standing in the world, bringing a soft power that few other industries can boast. As this report shows, it contributes £5.8 billion a year to the economy, generates £2.9 billion in exports, and supports almost 200,000 jobs. “Our music industry is a key national asset. “When the time comes to recover from this pandemic, our world-leading music industry can be a key part of our country’s post-Covid economic and cultural revival – but we need the right support to get us there,” he said. The crowd at Live At Leeds 2018 (Picture: Andrew Benge/Redferns)Ĭommenting on the report, UK Music Chief Executive Jamie Njoku-Goodwin said that it shows “just how successful our industry was before the catastrophic blow of Covid-19 knocked it down, and how important it is that we get it back on its feet”. The program includes a very popular Music Industry Minor, the Center for Music Innovation, which focuses on research and industry trends, and the student-run Music Industry. “That is why the Government stepped in with an unprecedented £1.57 billion Culture Recovery Fund to help the sector weather the impact of coronavirus and protect music venues, festivals, and our vital cultural assets.” The Music Industry Program demystifies the music business by focusing on the history, theory, and practice of music as a professional and connects students to movers and shakers within the vibrant Los Angeles music scene. “However, we know what an immensely tough year 2020 has been for the music industry as a result of Covid-19 which has presented significant challenges for the sector,” she added. Minister for Digital and Culture Caroline Dinenage, writing in the report’s introduction, said that the UK music industry is “the envy of the world” and “a fantastic overseas calling card for Britain”. There is no reason why that cannot continue, but that future depends on us saving the music ecosystem that we have and supporting individual music creators and freelancers especially during this critical period.” Music has always been a British success story and a national asset, that delivers at home and abroad. “The UK music industry is a commercially successful sector that was growing before the pandemic, and can grow again. The industry relies very heavily on freelancers and the self-employed, many of whom have fallen through the cracks during 2020, not qualifying for the support that has been made available. “For these performers, many have seen their income reduce to zero since March,” the report adds. UK Music estimates that up to 85% of live music revenue has been lost since March, and that 65% of musicians’ income will be lost in 2020 - a figure that rises to 80% “for those most dependent on live performance and recording studio work”.
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