NTIA Comment on CMS Report on Grass Roots Levy
14 November 2024 - Press releaseSays Michael Kill, CEO, Night Time Industries Association:
“The CMS Committee’s report is a vital step in recognizing and addressing the immense pressures on grassroots music venues across the UK. We welcome their support for a levy on arena and stadium tickets, alongside a VAT reduction, as immediate actions to stabilize this critical part of the music ecosystem. Grassroots venues are not just cultural spaces; they are where new talent is nurtured, where creative communities thrive, and where diverse musical genres find a platform. Without targeted intervention, we risk losing the foundation of the UK’s globally renowned music industry."
"Our industry is facing an existential crisis, with venues closing at an alarming rate due to unsustainable costs and reduced revenues. The proposed levy and VAT reduction would bring much-needed financial relief, giving venues, artists, and promoters the support they need to continue operating. This report highlights that the burden cannot fall solely on grassroots venues; rather, all players in the music ecosystem, including larger arenas and stadiums, must contribute to the solution."
"However, it is crucial that this approach remains ecosystem-led, considering the broader spectrum of creatives, technicians, and professionals who make up the live music sector. We must ensure these measures benefit not just the venues but also the full range of associated creatives and support roles that underpin the industry. By working together—industry leaders, government, and fans alike—we can create a sustainable future for live music, preserving local venues and fostering a vibrant, diverse music culture across the UK.”
“The CMS Committee’s report is a vital step in recognizing and addressing the immense pressures on grassroots music venues across the UK. We welcome their support for a levy on arena and stadium tickets, alongside a VAT reduction, as immediate actions to stabilize this critical part of the music ecosystem. Grassroots venues are not just cultural spaces; they are where new talent is nurtured, where creative communities thrive, and where diverse musical genres find a platform. Without targeted intervention, we risk losing the foundation of the UK’s globally renowned music industry."
"Our industry is facing an existential crisis, with venues closing at an alarming rate due to unsustainable costs and reduced revenues. The proposed levy and VAT reduction would bring much-needed financial relief, giving venues, artists, and promoters the support they need to continue operating. This report highlights that the burden cannot fall solely on grassroots venues; rather, all players in the music ecosystem, including larger arenas and stadiums, must contribute to the solution."
"However, it is crucial that this approach remains ecosystem-led, considering the broader spectrum of creatives, technicians, and professionals who make up the live music sector. We must ensure these measures benefit not just the venues but also the full range of associated creatives and support roles that underpin the industry. By working together—industry leaders, government, and fans alike—we can create a sustainable future for live music, preserving local venues and fostering a vibrant, diverse music culture across the UK.”
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