Glasgow City Council has voted to support the introduction of a £1 levy on tickets for mega gigs - with the idea that proceeds will be used to support small music venues in the area.
The levy would apply to concerts taking place at the OVO Hydro which has a 14,300 capacity, and could potentially raise hundreds of thousands of pounds each year.
The motion was led by the Scottish Greens who said upcoming performances and events including Kylie Minogue, Sam Fender, Olly Murs, and Strictly Come Dancing could raise upwards of £100,000.
It was passed with cross party support while the council are now looking at ways to implement it.
There have long been campaigns for smaller music venues in the city to receive a contribution from the proceeds of arena gigs as they help support the growth of artists, with a number of huge acts already adopting their own levy.
According to the Music Venue Trust 125 venues across the UK abandoned live music in 2023 and half have shut completely.
While the number of grassroots spaces has declined by 13 percent, around a third are operating at a loss, with increasing rental costs a major factor.
The levy would apply to concerts taking place at the OVO Hydro which has a 14,300 capacity, and could potentially raise hundreds of thousands of pounds each year.
The motion was led by the Scottish Greens who said upcoming performances and events including Kylie Minogue, Sam Fender, Olly Murs, and Strictly Come Dancing could raise upwards of £100,000.
It was passed with cross party support while the council are now looking at ways to implement it.
There have long been campaigns for smaller music venues in the city to receive a contribution from the proceeds of arena gigs as they help support the growth of artists, with a number of huge acts already adopting their own levy.
According to the Music Venue Trust 125 venues across the UK abandoned live music in 2023 and half have shut completely.
While the number of grassroots spaces has declined by 13 percent, around a third are operating at a loss, with increasing rental costs a major factor.
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00:00Glasgow City Council has voted to support the introduction of a £1 levy on tickets for mega
00:04gigs with the idea that proceeds will be used to support small music venues in the area.
00:08The levy would apply to concerts taking place at the OVO Hydro which has a 14,300 capacity
00:13and could potentially raise hundreds of thousands of pounds each year. The motion was led by the
00:17Scottish Greens who said upcoming performances and events including Kylie Minogue, Sam Fender,
00:22Olly Murs and Strictly Come Dancing could raise upwards of £100,000. It was passed with cross
00:28party support while the council are now looking at ways to implement it. There have long been
00:32campaigns for smaller music venues to in the city to receive a contribution from the proceeds of
00:37arena gigs as they help support the growth of artists with a huge number of acts already
00:41adopting their own levy. According to the Music Venue Trust, 125 venues across the UK abandoned
00:47live music in 2023 and half have shut completely. While the number of grassroots spaces has declined
00:53by 13%, around a third are operating at a loss with increasing rental costs a major factor.