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Live music revenue fell again in 2021, despite gigs returning

来源:BBC 作者: 时间:2022-04-24 Tag: 点击:

 

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.

"It's a huge decrease," said CEO Andrea Martin, "but we will see a bounce back this year."

She said there was "renewed optimism" in the sector, with more than 240 major tours planned for the UK this year.

Acts like Dua Lipa, Little Mix and Stormzy are already on the road, while stadium shows by Harry Styles, Elton John, The Rolling Stones and Adele are planned for the summer.

However, Martin said, revenues are not expected to reach pre-pandemic levels until 2023.

Despite struggles in the live sector, PRS had a good year, collecting £777.1m in royalties - only slightly down on the pre-pandemic figure of £810m.


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