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Electronic music is flourishing in the UK with more events and rising revenues, according to a new report.
The Third UK Electronic Music Report, released by the Night Time Industries Association (NTIA), has found that festivals featuring the genre attracted more than 3 million attendees in 2024, an increase on the estimated 2.7 million from 2023.
This has also helped event revenues rise to £646.2m ($800m/€773m) marking an increase of 14 per cent from 2023’s figure of £567.8m.
In total, electronic music contributed £2.4bn to the UK economy last year and is also helping the country to remain a big player on the international stage.
In the 2024 DJ Mag Top 100, which ranks artists from around the world, eight UK performers were featured which is said to have reinforced the country’s presence in global music trends. Furthermore, electronic music exports grew to £81.3m.
“The UK’s electronic music industry remains a global trendsetter despite economic challenges,” read a statement from the NTIA.
“With a collective effort from government, industry leaders, and music communities, the scene can maintain its authenticity while continuing to drive cultural and financial growth.
“Investing in sustainability, innovation, and inclusivity will ensure that electronic music remains at the forefront of the UK’s cultural landscape for years to come.”
Despite the positive festival figures, nightclubs are facing challenges.
Club spending has dropped by 16 per cent as 851 venues remain open, marking a decline from the 875 open last year.
Rising costs, regulations, and changing nightlife habits are said to have forced many clubs to adapt.
In order to address this, the NTIA has suggested that advocating for policy reform through government support, financial relief, and regulatory changes is key to help sustain struggling venues and festivals.
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