UK music venues get double-digit Dip Post-Plan roll-calls B

Fans enjoy a performance at Brighton, England’s Concorde 2. Image source: Joseph Pearson

Grassroots music venues are on ‘the brink of collapse’ following UK government strike “Plan B” announced, according to the Music Venue Trust (MVT), with new restrictions and requirements that “put the entire sector back on red alert for a permanent closure.”

The seven-year-old venue advocate made these and other discouraging statements in an official statement, shared with DMN. Drawing from a recent survey of 284 UK venue owners – who were specifically asked about activity between 6 December and 13 December – the publication states that 86, 3% of grassroots music venues (GMVs) “have been negatively impacted by the public reaction to Omicron.”

79.2% live entertainment establishments “Seen an uptick in performances” – with an average no-show rate increase of 23.1%, an estimated 142,772 ticket buyers did not attend the events of the week, according to the breakdown. The concert’s absence resulted in an estimated loss of $1.14 million (£859,386) for the 918 GMV members of the Union of Music Venues.

Predictably, given the staggering attendance statistics, the document says 74.3% of the music venues polled saw a drop in pre-ticket sales throughout. seven days, with an average reduction of 27%.

Additionally, 60.9 percent of participating music venues “had to cancel at least one event” during the week in question. 35.6% of cancellations occurred because “a performer/member of the touring crew tested positive for an error”, compared with 31.3% for the “private booking” that the operators canceled (“Christmas Party in particular”) and 23.6% for “revenue underperformance.”

More worryingly, 76.4% of grassroots UK music venues experienced a drop in gross income during the week-long survey period, with an average total revenue decline of 27.1%. , according to analysis.

Estimates again for all 918 GMV members of the Music Venue Alliance, put total lost earnings at $2.57 million (£1.94 million) for the week. In addition to the aforementioned $1.14 million due to absenteeism, MVT also flagged $720,300 (£543,199) in lost revenue due to the “recession of hikes and due to cancellations (potential for spend on tickets and bars),” is the remaining $710,777 (£536,017) derived from “total weekly drop in pre-ticket sales.”

Addressing the less-than-ideal situation in a statement, Music Venue Trust CEO Mark Davyd partially continued: “It looks like we’re back to exactly where we were in March 2020 , when the government’s misleading message creates a ‘secret key’ – places can obviously stay open but in reality money flows out at a rate that will inevitably lead to permanent closure unless The government acted quickly to stop it.

“This time around the government has all the tools needed to manage this impact and prevent a permanent closure in the grassroots music sector. Cultural Restoration Fund can adapt quickly to mitigate this economic impact, the money is there and waiting, we just need the Secretary of State to act quickly,” he continued.

https://www.digitalmusicnews.com/2021/12/15/music-venues-uk-plan-b/ UK music venues get double-digit Dip Post-Plan roll-calls B

Caroline Bleakley

USTimeToday is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimetoday.com. The content will be deleted within 24 hours.

Related Articles

Back to top button