REPORT REVEALS VALUE OF IRISH LIVE MUSIC
The Let’s Celebrate 2017 report revealed the Irish concert industry to be worth over €2 billion a year.
Compiled by Wideawake Communications’ Justin Green with input from such heavyweights as Michael O’Leary, Peter Aiken, Moya Doherty, Robbie Williams, Caroline Downey, Louis Walsh, Simon Cowell and Hot Press
Editor Niall Stokes, it also revealed that between March 1, 2015 and February 29, 2016, over four million people attended entertainment events on the island of Ireland, for which Ticketmaster handled ticket sales.
For every €1 spent on tickets, an additional €6.06 of revenue was generated in the wider economy.
An estimated 3.7m+ hotel bed nights were generated, with a value of €512m. 433,666 attendees came to events in the Republic from outside the country. The live music industry supports employment for 6,448 people in the Republic and 2,093 in the North.
Tempering the celebrations was former U2 manager Paul McGuinness (left) who highlighted the lack of government support for the arts.
“It’s a regular disappointment when politicians, as they routinely do, pay lip service to the importance of the arts in our culture and then continue the steady reduction of funding to music, film, theatre and the general arts,” he noted. “Everyone in the arts dreads those encounters with politicians. The casual downgrading of the arts portfolio and the subsequent attempts to say it hadn’t really been downgraded were sadly typical.”
We couldn’t agree more…