Overview
- UK Music reports the sector’s gross value added reached £8bn in 2024, a 5% rise from 2023 after a 13% increase the year before.
- Music exports climbed to a new high of £4.8bn, up 5%, reflecting strong international demand for British artists.
- Blockbuster stadium tours, including runs by Taylor Swift and Take That, helped lift live revenues and related tourism.
- Employment grew by about 4,000 to 220,000 full-time roles, yet 43% of people making music earned under £14,000 from music income.
- UK Music urges relief on EU visas and carnets plus a reciprocal U.S. visa deal, and calls for clearer AI rules as many artists shun tools that most producers use or would consider.