“New York is center of the musical universe — and the de Blasio administration has the stats to prove it,” The New York Post reports. “New York outsells Los Angeles and London when it comes to ticket sales and employs more people in the music business, according to the Mayor’s Office of Media and Entertainment, which released details of its first major economic impact study on the music industry on Wednesday.”
The report adds: “The city supports 60,000 music-related jobs, pays $5 billion in wages and that … results in $21 billion in economic output, according to the report, which was conducted by Boston Consulting Group.”
Responsibility for the music industry is part of the portfolio of the city’s film and TV unit, run by Julie Menin, the article notes.
“Menin told The Post that she hopes the report will help her address factors which impede the growth of music business such as licensing issues,” the paper reports. “She also hopes to attract new music business to the city and encourage new music venues and corporations to open here.”