SaskMusic Launches “Music Matters” Economic Impact Study
SaskMusic is launching a new music industry economic impact survey titled Music Matters, aiming to capture data about the last ‘normal year’ of activities in the province’s music industry prior to the COVID-19 pandemic effectively shutting down a huge segment of the industry.
“The longer the shutdown of the live music and events industry continues, the more important it becomes to measure and plan for the rebuilding of our industry,” notes SaskMusic Executive Director Mike Dawson. The last intensive economic study of the Saskatchewan music industry was undertaken by SaskMusic more than a decade ago(footnote 1) – before streaming services had even taken hold in Canada.
“The landscape of the music industry changes rapidly, and we’ve seen especially large technological changes this past decade,” he continues. “We urgently need to capture a snapshot of 2019 economic activity to have up-to-date figures, and to be able to monitor the status of the industry’s rebound post-COVID.”
SaskMusic notes that live performance has made up the majority of revenue for the music industry for the past number of years, as physical albums sales have declined and been replaced by streaming consumption. Without live performances being possible on any significant scale since March 2020, artists, songwriters, venues and festivals, audio and lighting technicians, tour managers, live event planners, and many other workers associated with live event production have seen their income plummet.