This page illustrates the escalating financial impact on UK musicians since Brexit, based on the ISM 'Paying the Price' report (August 2023).
Our calculations begin with a baseline cost of £11,545 per musician, multiplied by an estimated 49,700 musicians (Q2 2024), resulting in £573,786,500. An additional £6.62 per second is accrued from August 1, 2023, to the current moment.
Detailed Calculation Breakdown:
Base Cost: £11,545 × 49,700 musicians = £573,786,500
Incremental Cost: £6.62 per second since August 1, 2023
Total Cost: Base Cost + (Incremental Cost × seconds elapsed since August 1, 2023)
Spotify Streams: Total Cost ÷ £0.00344 (UK payout per stream)
Wembley/Glastonbury Tickets: Total Cost ÷ £100 (average ticket price)
Vinyl LPs: Total Cost ÷ £26 (average cost per Vinyl LP)
Studio Minutes at Abbey Road: (Total Cost ÷ £333 per hour) × 60
The timer on Slide 7 tracks time elapsed since June 3, 2020, 11:29 AM, when the government acknowledged the issue.
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Total Cost to Musicians Since Brexit
£0
Fun Fact: With a budget of £573,786,500, you could employ 0 music teachers.
Spotify Streams Needed
0
Fun Fact: Listening to 234,305,280,180 Spotify streams at 3 minutes per song would take 1.34 million years or 16,593 lifetimes.
Wembley Tickets Sold
0
Fun Fact: 8,060,110 Wembley tickets could fill the Emirates Stadium 134 times—imagine Arsenal home games sold out every weekend for 2.6 years!
Glastonbury Tickets Sold
0
Fun Fact: With £806,009,965, you could buy 0 pints at £7 each, filling 0 Olympic-sized pools!
Vinyl LPs Purchased
0
Fun Fact: With the money we've lost, you could purchase 0 vinyl LPs. Pressing 1 billion songs onto vinyl, with 10 tracks per record, would require 100 million records—stacked, they’d reach 9,500 km, nearly 1,000 Everests!
Studio Minutes at Abbey Road
0
Fun Fact: At 8 seconds per crossing, 145,225,353 minutes would let you cross Abbey Road 0 times.
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