12 Questions
What does Simon Frith mention as the most significant means of expanding the live audience for British promoters?
Music festivals
Why have festivals become an essential income stream for some musicians?
To make up for revenue loss from recording
Which aspect of festivals is highlighted in terms of positive economic impacts?
Attracting visitors and tourism growth
In what way do music festivals provide an advantage over traditional concert venues for British promoters?
By enabling economies of scale
What strategy does the text mention about launching new albums by established artists?
Launching at the start of the festival season
How do festivals contribute to the local economy besides generating increased revenues?
By providing focal points for marketing and attracting visitors
What is the primary concern highlighted in the text regarding the economic aspect of festivals?
Neglecting the significant social value of festivals
What was the estimated total direct and indirect spend generated by music tourism at UK medium to large-scale festivals in 2014?
Over £1.7 billion
What is one way festivals contribute to charitable causes?
By providing educational projects within the festival
How do festivals operate within the economic realm according to the text?
Through various economic models depending on internal structures
What was the original purpose behind organizing the first Isle of Wight festival in 1968?
To raise funds for a local swimming pool
What aspect of festival impact is highlighted as somewhat scarce in current research according to the text?
The impact on external charitable or not-for-profit organizations
Learn about how festivals have contributed to the growth of the live music sector in the UK, as discussed by Simon Frith. Explore how festivals help in expanding the live audience for British promoters and are considered a key asset for economic reasons.
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