The Economic Impact of Music in Seattle and King County 2008

Author: William B. Beyers, Christopher Fowler, Derik Andreoli

Study link: https://www.seattle.gov/Documents/Departments/FilmAndMusic/Seattle_Music_EIS_2008.pdf

This report presents estimates of the economic impact of the music industry on the Seattle economy. It is the second attempt to measure these impacts, with a first report completed four years ago (Beyers, Bonds, Wenzl and Sommers, 2004). The current report is organized as follows. We first present a definition of the components of the industry. We then outline a market structure for these components. The second section of this report reviews briefly other studies of the music industry, while the third section provides a description of the data sources used to try to quantify the economic impact of the industry on the Seattle area economy. The fourth section provides economic impact estimates, while the last section provides some concluding remarks.

Category: Economy