Podcast: Can UK music festivals and live music tours survive a ‘hard’ Brexit?

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Following on from last week’s post-General Election special edition, the Event Industry News podcast continues the political debate by looking at how UK music festivals and the live music touring industries could be affected by a ‘hard’ Brexit.

Joining host James Dickson was Parcelhero’s Head of Consumer Research David Jinks. As a specialist price comparison site, Parcel Hero act as an online broker for logistics, with a significant part of its business conducted in the live music sector.

Speaking under the scenario of a ‘hard’ Brexit, David highlighted many of the issues that could hit touring operations, including the issue of carnets and the financial obligations that would have to be met upon entering the EU zone from a post-Brexit UK.

He also gave some interesting facts and figures relating to European visitors to British Festivals, and whether a currency valuation drop would mean good or bad business for UK festivals.

Parcelhero have also compiled a report on the effect Brexit could have on the UK festival industry. In 2015, over 760,000 EU nationals travelled to the UK to attend music festivals. They spent over £38m on tickets and each trip costs an average of £1000 each. With an uncertain future on the horizon, the absence of these EU musical tourists will leave a £767m hole in Britain’s music scene. With such a huge loss of money, how will the UK’s cultural output evolve?

In 2015, over 760,000 EU nationals travelled to the UK to attend music festivals. They spent over £38m on tickets and each trip costs an average of £1000 each. With an uncertain future on the horizon, the absence of these EU musical tourists will leave a £767m hole in Britain’s music scene. With such a huge loss of money, how will the UK’s cultural output evolve?

The in-depth report can be found here.

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