The United Kingdom's music industry in 2019 generated 5.2 billion pounds in gross value added, and live music is setting a record of 1 billion pounds. Music has performed very successfully in exports and has earned 2.7 billion pounds this way.
This industry has grown in the music-creator, purchasing, recorded music and distribution, and live music segments. This growth came at a time when many crises were threatening the United Kingdom's music industry, such as the problems of Britain's exit from the European Union and the issue of copyright compliance in the online market.
The music-creators segment includes composers, singers, arrangers and songwriters, producers, and music engineers. This segment generated 2.5 billion pounds in gross value added and plays a vital role in the music market. Even so, many practitioners in this field do not have very satisfactory incomes. The average income of composers in 2018 was about 25.059 pounds, which is lower than average income in the United Kingdom.
The main sections of this report include an introduction, profiles, and music tourism, and in the music-sector classifications it addresses music creators, music purchasing, recorded music, principal representatives and publishing, and live music.
Statistics and information that are examined more closely in the report:
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Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian