This Is Music - Report by UK Music

 
 

UK Music, the collective voice of the UK music industry, unveiled the This Is Music 2021 annual report. It reveals the devastating impact of Covid-19, which wiped out 69,000 jobs - one in three of the total workforce.

UK Music calls on the Government to introduce tax incentives and other employment-boosting measures to help the sector rebuild after the pandemic. It also called for urgent action to resolve the problems facing musicians and crew touring the EU.

The measures are outlined in a new Music Industry Strategic Recovery Plan - drawn up by UK Music and included in the new report. 

The key findings about the music industry contained in This Is Music 2021 include: 

  • Employment plunged by 35% from 197,000 in 2019 to 128,000 in 2020

  • Music industry’s economic contribution fell 46% from £5.8bn to £3.1bn in 2020

  • Music exports dropped 23% from £2.9 billion in 2019 to £2.3 billion in 2020

Billie Morton Riley