Tag: music merchandise
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Ireland’s Music Industry: Economic Impact and Future Sustainability
The 2025 IMRO Ireland: Music Report, compiled by CORE Research, revealed that Ireland’s music industry contributes €1 billion annually to the economy and employs over 13,400 people. The report, launched by Alan Kelly TD, highlighted the nation’s deep connection to music, with Irish adults spending nearly €1,000 per year on music-related products and services. All…
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Taylor Swift’s Eras Tour Sparks £10 Billion UK Music Boom
A surge of live music acts, headlined by Taylor Swift, Charli XCX, and Bruce Springsteen, set ablaze the UK music scene in 2024, injecting a staggering £10 billion boost into the British economy. The industry body UK Music’s report revealed a record-breaking attendance of over 23 million music enthusiasts at concerts and festivals, marking a…
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Morrissey Cancels European Shows Citing Lack of Industry Support
Singer and songwriter Morrissey recently announced the cancellation of several upcoming shows in Europe, attributing the decision to a lack of financial support from the music industry. Expressing deep frustration, Morrissey lamented the absence of backing from record labels and radio stations despite strong ticket sales. The former Smiths frontman had been slated to perform…
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Music Australia Report Reveals $8.78 Billion Music Industry Revenue
A recent report released by Music Australia sheds light on the economic landscape of Australia’s music industry, revealing a thriving sector that generated a staggering $8.78 billion in revenue and contributed $2.82 billion to the country’s economy in 2023-24. This comprehensive study, titled “The Bass Line: Charting the Economic Contribution of Australia’s Music Industry,” conducted…