Counting the impact of COVID on the UK music industry

Oct 25, 2021, 06:00 AM

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including UK Music stats revealing that the COVID-19 pandemic wiped out 69,000 music industry jobs in the UK and caused the economic contribution made by the music industry to slump by 46%, plus IFPI music stats showing that free services dominate how people consume music around the world. 

SECTION TIMES
01: UK Music stats (00:06:37)
02: IFPI stats (00:19:44)
(Timings may be slightly different due to adverts)

STORIES DISCUSSED THIS WEEK
COVID-19 cost the UK music industry 69,000 jobs and caused a 46% slump in economic impact
Free, social and video platforms online account for 45% of music consumption, according to IFPI