Europe’s cultural and creative sector has been hit harder by the coronavirus crisis than every other industry except aviation, according to a study that calls for major public and private investment to avert possibly irreparable long-term damage.
According to the report, revenues in the sector – which includes TV, cinema, radio, music, publishing, video games and the performing and visual arts – plunged by 31.2% last year compared with 2019. It was hit even harder than tourism, which lost 27% of its income.
Only the aviation industry, where revenue fell by 31.4%, has suffered more, say the authors of the report, commissioned by EU authors’ and creators’ rights organisations and due to be presented to the European commission on Tuesday.
“Culture has become a scarce resource in Europe today and we are the worse for it,” said the French electronic music pioneer Jean-Michel Jarre, who will hand over the study. “We are learning the hard way the truly essential value of art in our society.”