Capsule · The news app for modern leaders

Trends and Insights

9 Nov 2023


Contribution of The UK Music Industry To The British Economy in 2022

UK Music's annual economic report, This Is Music 2023, reveals the UK music industry managed to generate £4bn in export revenue in 2022, thanks to booming recording and music publishing sectors, as well as international touring. Furthermore, the industry's total contribution to the UK economy was £6.7bn in gross value added (GVA), employing 210,000 people. [Source](