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1、THIS ISMUSIC2024ContentsIntroductionTom Kiehl Chief Executive,UK Music4ForewordsAlex Sobel MP Co-Chair All-Party Parliamentary Group on Music6Stuart Andrew MP Shadow Secretary of State for Culture,Media and Sport8The Figures12Musical Composition14Victoria Canal|Case Study16Recorded Music18Catherine

2、Marks|Case Study20Live Performance22Brand and Image24Employment26Exports28Music Creator Exports and The Impact of Brexit31Methodology34Acknowledgements36Nova Twins for Glastonbury 2023|Federica Burelli 4IntroductionTom KiehlChief Executive,UK MusicAs we approach the middle of the 2020s,the music ind

3、ustry is continuing to deliver for the UK.Our total economic contribution has seen a year-on-year increase of 13%.Now worth 7.6 billion to the UK,the music industry is ideally placed to turbo charge the new UK governments mission to secure the highest sustained growth in the G7.A decade which began

4、with the pandemic,causing much devastation to the sector,has seen a resilient music industry emerge.International appetite for UK music remains strong,with exports growing by 15%to 4.6 billion.Employment continues to rise steadily at 3%,with 216,000 people now working in the sector.This is not a tim

5、e to be complacent,however.Far from it in fact.This is Music 2024 tells the story,based on real evidence and data from across the sector,that despite some very strong headline figures in 2023,the UK music industry has vulnerabilities too.Increasing global competition,tough financial conditions for a

6、rtists and the grassroots,as well as the wild west that is generative Artificial Intelligence(AI),are all conspiring to be significant challenges for the sector.We are now at a tipping point,and if the problems we face are not addressed then future growth cannot be guaranteed.Fortunately,we are at a