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Calls for arena ticket levy and tax relief to stop closure of grassroots music venues
Posted
May 11, 2024
Views
2,681
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10
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May 11, 2024
2,681
10
5
0.56%
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1:43Now PlayingA cut in VAT and a new levy on arena and stadium tickets are urgently needed to stop grassroots music venues from closing, MPs have said.
A report by the Culture, Media and Sport Committee said artists are facing a "cost-of-touring crisis", with venues stopping live music or closing entirely at a rate of two per week.
The closures come against a backdrop of spiralling costs due to rising rents and energy bills, while audiences are cutting back on expenditure due to the economic climate.
#Music #Entertainment #Economy #UK
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