
According to UK Music, the aforementioned stars, along with One Direction and Pink Floyd, have supported the 17 per cent growth of music exports experienced over the past year as fans around the world embrace British singers.
There was also an additional 17 per cent year-on-year increase in live music revenues, which has been generated from 26.7m visits to British events in 2014, while there are now over 117,000 full-time jobs in the music industry – many of which compose, create and record. Indeed, musicians, composers, songwriters and lyricists contributed £1.9bn alone, according to the data, while exports accounted for £2.1bn. A slightly different change to the Houses of Parliament, business minister Sajid Javid visited Glastonbury this year and called music “a defining part of British culture”.Read more on the music industry:
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Jo Dipple, chief executive, UK Music, said: “2014 proved to be another hugely successful year for British music. The sector outperformed the rest of the UK economy and grew by five per cent year-on-year. Music contributed a staggering £4.1bn to the UK economy, and exports generated £2.1bn.
“The UK’s cultural footprint and soft power were driven by the global success of artists like Sam Smith, Ed Sheeran, Pink Floyd, Ellie Goulding, One Direction and Calvin Harris. Now in its third year, Measuring Music helps show the true weight of our commercial music sector and the scale of its global reach and impact. “It also helps us articulate just how culturally important the British music industry and the 117,000 people it employs are to our nation. UK Music will continue to work with government for the best possible future for every part of our varied and stunningly diverse industry.”Share this story