A 10 12 months report into unbiased festivals within the UK has crunched the numbers on how a lot they’re contributing to the native financial system and it’s not a small quantity.
The report by the Association Of Independent Festivals (AIF) discovered that from 2015-2017 they pushed a whopping £1 billion by means of the lifeblood of the UK, with the 800 000+ punters attending mentioned festivals spending a mean of £483.14 on prime of each ticket they purchase.
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Following on from that, the findings had been such that the companies surrounding the competition web site had been getting about 10 per cent of the spend, which means native companies not affiliated with the festivals gave the impression to be seeing an honest piece of the competition spend pie.
These statistics are enormous, seeming to point out that an injection within the music competition business ought to result in apparent rewards for native communities, but right here we’re in Australia have our competition business being unfairly focused by the federal government.
You can learn the entire 10 12 months report by the AIF right here and inform us your ideas, do you assume there must be extra assist for Australia’s music festivals?