Music Venue Trust calls for business rates relief as 2024 report launched in Scottish Parliament

Global electronic music industry's value revealed - Access All Areas

The global electronic music industry has been valued at $12.9 billion, with festivals and clubs the largest revenue source. The IMS Business Report 2025, created by MIDiA Research’s Mark Mulligan and commissioned by the team behind annual industry conference IMS Ibiza, found that the industry’s value was up 6% year-on-year in 2024 to reach $12.9bn. It was a slower rate of growth than the previous year’s 9% annual uplift, which the report claims …

Music Venue Trust calls for business rates relief as 2024 report launched in Scottish Parliament

Music Venue Trust’s annual report was launched in Scottish Parliament yesterday (Wednesday) with a special event for politicians, policy makers, venues and key stakeholders. The latest report from the UK music venue charity has found that Scottish grassroots music venues subsidised live music by £14m (€16m/$19m) in 2024. A survey of the 70 members of the Music Venues Alliance Scotland (MVA Scotland) found that they had staged more than 14,000 li…