variety.com
17.11.2020 / 03:03
Music Supports Two Million Jobs, Contributes $97 Billion Annually to European Economy, Study Finds
Naman Ramachandran The music sector supports two million jobs and contributes €81.9 billion ($97 billion) gross value added annually to the GDPs of the 27 European Union member countries and the U.K., a new study has found.The study, titled “The Economic Impact of Music in Europe,” was commissioned by the International Federation of the Phonographic Industry (IFPI) and conducted by Oxford Economics.