Music venues threatened by energy crisis as well as slow pandemic recovery, say campaigners

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Music Venue Trust says grassroots venues have not fully recovered from pandemic lockdowns, and now face skyrocketing inflation including a 25% rise in ticket prices

Grassroots live music venues are operating on a knife-edge, a new report by the Music Venue Trust (MVT) suggests. In its 2022 annual report, the live music venue charity reveals that live music still has not returned to pre-pandemic levels, with an average of 16.7% fewer shows per year compared with 2019.

While audience numbers are down 11%, average expenditure by grassroots venues was up 40% – a contribution to the economy totalling £500m – meaning that venues are operating at a profit margin of 0.2%, with the average yearly profit for grassroots venues amounting to only £1,297.

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