UK Music has been campaigning for better provision for music education, which is vital for our talent pipeline.
The music industry is worth £5.8 billion to the economy and employs over 200,000 people. We want to continue to grow our sector but there are challenges ahead with increasing evidence of a looming crisis in the music industry’s talent pipeline – a pipeline that we rely on for future stars and one that is a vital part of our industry’s eco-system.
In 2018 UK Music launched a major new report called Securing Our Talent Pipeline which they took to all the major party conferences.
A UK Music analysis of major UK festivals over a 20-year period indicates an act headlining the likes of Glastonbury or Reading in 1995 can, on average, expect to have released their debut album 7 years previously. Nowadays, it’s more like 16 years.
It is important that established artists continue to make music and inspire fans yet if we want to produce the stars of the future, we’ve got to invest in talent for the future.
We are a nation that has a natural musical talent with education, facilities and finance all playing an important role in unlocking careers. Real obstacles in each of these areas however do exist.
According to a survey conducted by UK Music:
- 17% of music creators were educated at fee paying schools, compared with 7 per cent across the population as a whole. This matters because 50 per cent of children at independent schools receive sustained music tuition, while the figure for state schools is a mere 15 per cent.
- On venues, 35% of music venues have closed in the past decade, significantly reducing the chances for up and coming musicians to develop their skills in front of audiences and grow fan bases.
- On access to finance to pursue a career in music, UK Music‘s recent survey of music creators also revealed that 46% received financial help from family and friends at some point in the development of their professional career.
- Google’s YouTube needs to do fairer deals. At present, creators can expect to receive as little as £0.00054 per stream from the service.
These are just a few snapshots of the challenges creating a blockage in the music industry talent pipeline. This report focuses on creative talent yet the recommendations put forward will contribute to the development of the workforce as a whole.
It is important that the Government plays a key role in working with the music industry in overcoming this. Collaboration is vital. If we don’t work to fix the blockage in the talent pipeline now, we will remain stuck.