Business Daily cover image

Business Daily

The trouble with live music

May 6, 2024
Legendary musicians Elton John, Beyonce, Taylor Swift, and Ed Sheeran discuss the contrast between their sell-out stadium tours and the struggles of smaller music venues. The podcast explores the challenges faced by grassroots venues in the UK and Australia, as well as the future potential of India's live music scene. Insights are shared on the impact of technology, government support, and tax reforms on the evolving live music industry.
17:40

Podcast summary created with Snipd AI

Quick takeaways

  • Smaller grassroots music venues face economic pressures and rising costs, impacting their profitability and sustainability.
  • Closure of small venues threatens diversity and creativity in the music industry, requiring support from major labels, streaming platforms, and government interventions.

Deep dives

Contrast Between Sell-Out Stadium Tours and Struggling Grassroots Venues

Huge global tours like Taylor Swift's and Harry Styles' are grossing millions of dollars, while smaller grassroots music venues are facing closure due to financial and social challenges. Nathan Clark from Brudenell Social Club in the UK highlights the economic pressures and rising costs these venues face, impacting their profitability and sustainability.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode