Recent concerts by global stars like Beyonce and Billie Eilish are positively impacting London's economy and solidifying the city's reputation as a premier music capital. The Oasis performance at Wembley is projected to attract 630,000 attendees, contributing nearly £500 million. Moreover, grassroots venues have experienced a £313 million revenue boost. Last year, 7.5 million concert-goers in London generated £2.7 billion of the UK's live music income, showcasing the sector's economic importance.
The string of concerts by global stars is expected to greatly benefit London's economy and affirm its status as the "undisputed capital of music."
The performance by Oasis at Wembley is predicted to draw 630,000 attendees, contributing nearly £500 million to London’s economy.
Grassroots music venues saw a £313 million increase last year, further illustrating the financial impact of the music scene in London.
An estimated 7.5 million people attended concerts and festivals in London last year, generating £2.7 billion of the UK’s total £10 billion from the live music industry.
Collection
[
|
...
]