Portsmouth Guildhall joins forces with Artists, Associations, Companies, Managers and Agents across the UK
Last month Portsmouth Guildhall, as part of the British Association of Concert Halls, joined forces with artists, associations, companies, managers and agents across the UK to highlight the problems faced by the live music sector and to call for action.
The campaign supported by Ed Sheeran, The Rolling Stones, Dua Lipa, Sir Paul McCartney, Skepta, Rita Ora, Coldplay, Dame Shirley Bassey, Eric Clapton, Annie Lennox, Sam Smith, Sir Rod Stewart, Liam Gallagher, Florence + the Machine, George Ezra, Depeche Mode, Iron Maiden, Lewis Capaldi, Little Mix and many more was hugely successful and shortly after the Government announced a £1.57Billion bailout fund for the arts and a reduction in VAT to 5%.
While the distribution mechanisms for this fund are still being decided, it is important that the scale of the ecosystem of the live music industry is understood and the support that is urgently needed recognised.
The Music Industry generates £4.5 Billion in Gross Value Added to the economy each year, supporting over 210,000 FTE jobs through thousands of different companies and business types with specialist roles behind every show now at risk.