The Week in Light & Sound
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Concerts brought in £1 billion in 2016, over £300m more than recorded music - which includes sales of CDs, vinyl, downloads and streaming.
In total, 30.9 million tickets were sold for concerts and festivals in 2016, up from 27.7 million in 2015, but UK Music warned that the closure of small venues posed a threat to up-and-coming artists.
"Live music did have another great year," said CEO Michael Dugher. "But future talent will never get the chance to shine if we continue to see cuts in music in schools and closures in venues where artists need to learn their craft in the first place."
He also repeated calls for artists to be fairly compensated for their music - singling out media giants YouTube and Facebook for criticism. "Unlike the subscri