Germany estimates 28 billion (!) in arts losses

Germany estimates 28 billion (!) in arts losses

main

norman lebrecht

March 31, 2020

The German government has published projections of cultural losses as a consequences of the Coronavirus.

Cultural industries in Germany generated close to 170 billion Euros in 2018, employing 1.7 million individuals. Over the next four months, up to one-fifth of that total will be lost.

The music sector alone stands to lose 5.1 billion euros by mid-summer, equivalent to 59 percent of turnover.

 

Comments

comment_count comments
Oldest
Newest
Oldest
Top rated

Comment as a guest:

MOST READ TODAY: