Venues and studios face closure as energy prices rocket

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including calls from various music industry organisations urging the incoming new UK Prime Minister to provide urgent support for music venues, recording studios and the wider night-time sector as they tackle surging energy bills and the cost of living crisis, plus bad news for people who invested in merch company Awesome after it went into administration. STORIES DISCUSSED THIS WEEK • UK Music and NTIA call for urgent support for music companies facing surging energy bills • Awesome Merchandise founder comments on firm’s pre-pack administration ALSO MENTIONED • Streaming services and music publishers reach deal on song royalty rates in the US MORE FROM CMU • Upcoming CMU webinars • Buy MMF and CMU Insights’ Dissecting The Digital Dollar book on Amazon • Sign up to receive the CMU Daily news bulletin • Listen to the full Setlist theme tune