A new report by the London Assembly suggests implementing a levy on concert tickets at major venues to support struggling grassroots music venues in London. The Assembly's economy, culture, and skills committee highlighted the persistent financial challenges faced by these venues post-pandemic, which are vital for the development of emerging artists. Citing a study revealing that 92% of Glastonbury's 2024 lineup began their careers at such venues underscores their importance. The idea is supported by key industry figures and aims to secure the future of London's vibrant live music scene.
The proposal suggests that a levy on tickets for concerts at London's largest venues could substantially support struggling grassroots music venues crucial for artist development.
Research indicates that overwhelming majority of artists in major festivals began in grassroots venues, spotlighting the importance of these spaces for nurturing new talent.
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