UK Government Supports Arena Ticket Levy to Aid Grassroots Music Venues
Ministers urge the music industry to implement a voluntary levy by 2025 to prevent further closures of small venues.
- The proposed levy aims to redirect a portion of ticket sales from large concerts to support grassroots music venues.
- The Culture, Media and Sport Committee emphasizes the need for a clear deadline to ensure industry action.
- Recent years have seen a significant rise in grassroots venue closures, exacerbated by economic challenges.
- Artists like Coldplay and Enter Shikari have already committed to donating part of their tour profits to support smaller venues.
- The Music Venue Trust and other stakeholders stress the importance of a sustainable funding model for the future of live music.