The examples just keep coming in! Noise complaints from residents living around Night and day cafe in Manchester, Landlord issues at the Leadmill in Sheffield.
The Music Venue Trust has come up with an initiative to put a community-based plan in place where we can all pledge money, and through a share package, fund the purchase of music venues to secure their future.
Ownership not only removes the threat of being pushed from the building, with this model operational costs will drop and venues will be stable enough to seriously look at things that weren’t viable in the past – carbon-neutral initiatives, improved access, production upgrades and of course their ability to put more money into their programming!
Did you know?
93% of the music venues DON’T own the buildings they reside in! and the average operator has 18 months left on their tenancy
35% of GMVs (Grassroot Music Venues) have closed in the last 20 years.
Since the start of the COVID the sector acquired over £90m of new debt, yet 67% of the Cultural Recovery Grant was paid to Landlords
GMVs and Landlords have different motivations. Landlords want to maximise investment. GMVs want to plan for the future, invest in sustainability, accessibility, diversity, artists and the venue itself
The issue of ownership underlies almost every other challenge that GMVs have faced during the last twenty years: gentrification, noise complaints, underinvestment, poor economic model, and an inability to plan for the future.
The Music Venue Trust has a plan and a way forward to support a shift in the industry offering a sustainable future. MORE INFO HERE