UK music industry contributed £4.1bn to national economy in 2014

Murray Stassen

The UK music industry contributed £4.1bn to the UK economy in GVA (Gross Value Added) in 2014, growing 5% year-on-year from £3.8bn in 2013.

That's according to UK Music's Measuring Music 2015 report, an annual economic study of the UK music industry's contribution to the national economy.

Musicians, composers, songwriters and lyricists alone contributed £1.9bn to the economy wth 117,000 full time jobs provided within the music industry during the period.

Music exports accounted for around £2.1bn of the total ...

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