Dua Lipa and Olivia Dean drive UK music boom despite fragile backdrop Media The UK recorded music industry chalked up an 11th consecutive year of growth this year, thanks to a new generation of British artists breaking through at home and overseas. The sector wins come despite mounting pressures that threaten its grassroots foundations. Figures published by industry body BPI show total recorded music consumption rose 4.9 per [...]
Live Nation: UK concert promoter has lost over £150m since last profit Business Losses have surged at the UK concert promotion division of Live Nation as its turnover was also cut during its latest financial year. The arm of the US giant has reported a pre-tax loss of £10.7m for 2024, according to new accounts filed with Companies House. The latest figure comes after Live Nation (Music) UK [...]
Abba Voyage doubles profit as sales pass £100m Business The company behind London’s Abba Voyage experience more than doubled its pre-tax profit as its turnover passed the £100m mark during 2023, it has been revealed. The business has reported a profit of £6m for the 12 months, up from the £3m it achieved in 2022. According to newly-filed accounts with Companies House, Abba Voyage’s [...]
Co-op Live arena: What about my concert tickets? May 2, 2024 The Co-Op Live arena has yet another week of chaos which has led to even more concerts being cancelled or postponed, as the Manchester-based venue struggles with setbacks