Live music turnover up 12.1% in 2015 despite the higher tier of VAT

The Yearbook VII Live Music, published by the Association of Music Promoters (APM), arrives accompanied by positive news for the sector in Spain, who chained a second rise in 2015, when converting 173.5 million raised in 2014 194.5. This represents an increase of 12.1%, which, added to 9.76% more turnover achieved in the previous year, has finally managed to trace figures similar to 2011 levels, before they occur the VAT increase at the highest stage, 21%. (Source: Asociación Promotores Musicales)

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