The 2025 ceremony will take place in London on 1 March.
Supported by PRS for Music and PRS Foundation, the competition offers upcoming artists the chance to play on one of the festival’s main stages.
'The UK creative industries generate well over £100bn annually. We have, quite literally, earned the right to have our voice heard.'
Commissioned by CISAC, it’s hoped that the findings of the study will influence policymakers.
Find out how to read the new magazine here.
The figure has been announced as part of UK Music's 'This Is Music 2024' report.
Roxanna Panufnik, Gavin Bryars and Errollyn Wallen were among the winners.
The findings have been revealed in CISAC's annual Global Collections Report.
The initiative has been formally introduced during WOMEX in Manchester.
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