Fairness Rocks News Live music revenue fell again in 2021, despite gigs returning


Fairness Rocks News Live music revenue fell again in 2021, despite gigs returning

Home Industry News Live music revenue fell again in 2021, despite gigs returning

Author: Mark Savage

Date: April 25, 2022

Original Source: BBC News

Industry News

Live music revenue fell again in 2021, despite gigs returning

Royalties from live performances of music fell almost 30% in 2021, despite concerts resuming in the summer.

Concert revenues were just £8m, down from £11.3m in 2020 and £54m in 2019, said PRS for Music, the body that collects royalties for songwriters.

Only 19,300 setlists were reported last year, it added, marking a huge decline from the 124,000 reported pre-pandemic.

Read More: https://www.bbc.com/news/entertainment-arts-61187598