UK Business
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Global talent agency Wasserman Music has expanded its flourishing U.K. operation with a trio of new leadership hires across tour marketing, artist services, and artist representation.
The company has enlisted Paul Ryan as senior vice president and agent. Ryan is renowned in the U.K. rock and metal space, having worked across artist management and promotion for scene-leaders Bring Me the Horizon and Architects, among others.
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He will continue to work with those acts, alongside Cradle of Filth, Lamb of God, Malevolence and Sleep Token, as well as newly signed names TesseracT and Currents.
Rebecca Laurie joins Wasserman as a manager on the tour marketing team, overseeing domestic and global tour marketing for U.K. agents. Laurie brings over a decade of experience, having spent five years in festival and tour marketing at AEG, as well as stints with UROK and DICE.
Chris Lander has been appointed as vice president within Wasserman’s artist services team. Having held senior roles across podcast production at Global Media, he has contributed to popular U.K. shows including My Therapist Ghosted Me, LuAnna: The Podcast and Take That: This Life.
Lander has also worked in talent development, with a previous roster of leading British comedians and podcast hosts such as James Acaster, Nish Kumar and Deborah Frances-White. His new role will see him identify and execute opportunities for artists in film and television, digital media, gaming, literary, content and IP development, social impact, and more.
Back in September, meanwhile, Wasserman’s Laura Flynn was promoted to a management position on the tour marketing team. She has since worked across successful U.K. arena tour launches for RAYE, Louis Tomlinson, D-Block Europe and The Neighbourhood.
“We’re thrilled to welcome Paul, Chris, and Rebecca to our team, and to have Laura join our tour marketing division,” Alex Hardee, Wasserman Music executive vice president and managing executive, said in a statement.
“Each brings a unique skill set that strengthens our presence in the U.K. and broadens the opportunities we can deliver for our artists. Their passion, experience, and vision will be invaluable as we continue to grow.”
Trending on Billboard Austin Daboh has left his senior role at Warner Music’s Atlantic Records after five years. Daboh, who served as executive vice president of Atlantic Records U.K., announced the news on his LinkedIn profile on Thursday (Nov. 20). Daboh also served as president of Black Music at the label from 2023 onwards. He […]
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SXSW London has confirmed its first wave of speakers for its 2026 conference, featuring figures from the worlds of business, technology and culture.
The festival will be returning to the capital from June 1 to 6, following the debut of its U.K. iteration in 2025. Among the first names announced include entrepreneur Jamie Laing, who has pivoted from a successful reality television career (Made In Chelsea) to spearheading confectionary business Candy Kittens and podcast studio Jampot Productions in recent years.
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There will also be talks from Ben Cohen, co-founder of Ben & Jerry’s, as well as Thomas Cwik of NASA Jet Propulsion Laboratory. Footballer Lotte Wubben-Moy – who plays for Arsenal in the Women’s Super League and the English national team – will be discussing the intersection of sports and culture, while Hovhannes Avoyan, founder and CEO of photo-editing app Picsart, has been enlisted to chat about the development of his globally successful platform.
Other additions to the conference line-up include names from different corners of the evolving AI landscape, such as Ioannis Antonoglou (co-founder and CTO, Reflection AI), Joleen Liang, (CEO, Squirrel AI North America), and Josh Payne (CEO, Nscale), among others. Further details can be found at the official SXSW London website.
The list of speakers has been partly derived from an online submissions process, which allows potential candidates to directly pitch discussion proposals. From there, a community voting system, known as PanelPicker, opened up to the public, so that fans could help select a portion of SXSW’s conference programming.
According to the SXSW London website, public votes account for 30% of the decision-making process. The remaining percentage is determined by SXSW London staff (30%) and a board of industry experts (40%), to ensure a balanced programme. Further conference line-up announcements are expected to arrive in the coming months.
SXSW arrived in London for the first time this summer, following the continued success of its Austin and Sydney counterparts. The inaugural edition took place in Shoreditch, saw appearances from King Charles and London Mayor Sadiq Khan, and welcomed over 20,500 international delegates.
The event also played host to Billboard presents THE STAGE at SXSW London, which featured a performance by global superstar Tems at east London’s iconic Troxy venue. It followed the publication of Billboard’s annual Global Power Players list and its first U.K. Power Players list, whose honorees were recognized at an exclusive gathering.
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Independent U.K. live music company Electric Group has announced the launch of Electric Studios at the former site of The Leadmill in Sheffield.
Set to open its doors in spring 2026, a £2 million ($2.6 million) transformation is set to take place, with upgraded interiors and increasing capacity to 1,050 for live gigs and 1,450 for club events. It joins an established Electric Group portfolio of live music venues across the U.K., including the Electric Brixton in London, Electric Bristol (formerly known as SWX), and NX Newcastle.
A specific opening date has not yet been revealed, but Electric Group has launched a new web page where fans can sign up for updates and make booking enquiries via email.
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The refurbished venue will also operate a subsidised creative hub across its second and third floors, housing a workspace, rehearsal room, communal area and kitchen for use by emerging artists from the local area.
A new PA system, paired with advanced lighting and production installations, has also recently been installed in the space. Other upgrades include a redesigned venue layout with all-new bars and improved stage sightline. There are also new customer staircases, as well as new toilets and a cloakroom on the first floor with full DDA (Disability Discrimination Act) compliance.
In collaboration with national promoters, bookings will be helmed by Mike Weller, head of music at Electric Group. The independent music venue operator became freeholder of the Sheffield Leadmill building in 2017, and as of August 2025 owns and operates Electric Studios Sheffield.
“This is one of the most exciting projects I’ve been involved in, bolstered by the positivity and support from local bands, DJs, and promoters,” Weller said in a statement.
“The Electric Studios Sheffield music programme is built on our demonstrable passion and success in delivering an eclectic mix of live music, club, and wider events across our venues. I hope to collaborate with the best in the business, from local and up-and-coming future stars, to established and international teams and artists, in the mission to make this venue a must-book and must-attend destination for promoters, producers, performers and music fans.”
The Leadmill first opened in 1980, serving as a multi-arts co-operative that was rooted in social and political issues, while also helping to lower youth unemployment in the city. It later became a charity before operating as a live music venue, welcoming local legends Arctic Monkeys and Pulp to its stage, as well as huge acts including Oasis, Coldplay, and The Killers over the years.
Dominic Madden, co-founder of Electric Group, added: “Sheffield is a special city, and with the plans for Electric Studios, we are committed to a programme of substantial investment, refurbishment and curation for it to thrive – with a modern vision that respects the cultural significance of the building and history of the existing venue while putting the artist and fan experience front and centre of our plans.
“Work here so far is creating over 100 jobs, as it is being finalised for opening next spring, when we look forward to welcoming music lovers to the latest addition to the Electric circuit of special music venues.”
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Paul McCartney will contribute a ‘silent’ track to a compilation album that is protesting the U.K. government’s recent changes to copyright law.
The LP Is This What We Want? was first released digitally in February and was co-signed by over a thousand U.K. artists. The LP runs for 47 minutes, and features the silence of an empty recording studio in order to highlight the need for human musicians in the age of artificial intelligence. The album’s track listing spells out the message: “The British government must not legalize music theft to benefit AI companies.”
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Kate Bush, Annie Lennox, Damon Albarn, Billy Ocean, Radiohead’s Ed O’Brien, and more were all credited as ‘co-writers’ of the LP. Upon release, it reached No. 38 on the U.K.’s Official Albums Chart.
McCartney’s contribution will appear as a bonus track to the physical edition of the LP, which will be released on Dec. 8 via record label The state51 Conspiracy. The vinyl is available for pre-order here, with all profits from sales to be donated to the musicians’ charity Help Musicians.
It’s not the first time that McCartney has protested against the U.K. government’s controversial approach to copyright law in the era of artificial intelligence. In May, McCartney was among 400 British musicians alongside Elton John, Dua Lipa, and Coldplay, to sign an open letter calling on U.K. prime minister Sir Keir Starmer to update copyright laws to protect their work from AI training models. They were backed by industry heavyweights Sir Lucian Grainge (Universal Music Group CEO), Jason Iley MBE (Sony Music UK CEO), and Dickon Stainer (Universal Music UK CEO) who also signed the letter.
The U.K. government proposed an ‘opt out’ approach for rightsholders in relation to their work being used to train artificial intelligence models. Critics say that the burden should not fall on artists to approve or deny tech companies the use their material, and that ‘opt out’ models are unenforceable.
During the summer, the U.K. government was involved in a ‘ping pong’ debacle whereby amendments to the Data (Use and Access) Bill proposed by the House of Lords were rejected five times. The amendments would have given rightsholders visibility over when their work was being used against their wishes by AI companies. The bill eventually passed and received Royal Assent in late June, and is expected to be be phased into law by mid-2026.
Ed Newton-Rex, the organizer of the album, said: “The government must commit to not handing the life’s work of the country’s musicians to AI companies for free. Doing so would be hugely damaging to our world-leading creative industries, and is totally unnecessary, only benefiting overseas tech giants. It should listen to Paul McCartney and the 1,000 other musicians who took part in this album, and resist calls to legalize music theft from the big tech lobby.”
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Four of the U.K.’s leading artists are among those coming together to call on the British Prime Minister, Sir Keir Starmer, to honour a pledge to protect fans from online ticket scalpers, also known as touts.
Coldplay, Dua Lipa, Radiohead and Sam Fender are all signatories to a joint statement published Thursday (Nov. 13), in which artists, managers and fan groups are asking Starmer to commit to resale price cap legislation in the U.K.
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In its manifesto for the 2024 general election, the Labour Party proposed policies for new consumer protections on ticket resales. This evolved into an industry consultation in January, which invited views from venues, promoters, fans and other parties on a resale price cap, considering options from face value to a 30% uplift.
On Oct. 5, seven months after the consultation closed, the U.K.’s culture minister, Ian Murray, confirmed that the current Labour government would press ahead with plans for a price cap on resale tickets — but the specifics of these plans have yet to be revealed.
Now, dozens of industry figures are calling for the Prime Minister to make the commitment to price cap legislation in the next King’s Speech, which is set to take place next spring.
In the statement, the coalition says new protections are needed to “help fix elements of the extortionate and pernicious secondary ticketing market that serve the interests of touts, whose exploitative practices are preventing genuine fans from accessing the music, theatre and sports they love.”
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It adds: “For too long certain resale platforms have allowed touts to bulk buy and then resell tickets at inflated prices, forcing fans to either pay above the odds or miss out entirely. This erodes trust in the live events sector and undermines the efforts of artists and organisers to make shows accessible and affordable. Introducing a cap will restore faith in the ticketing system, help democratise public access to the arts in line with the Government’s agenda and make it easier for fans to spot illegal behaviour, such as ticketing fraud.”
Alongside the aforementioned names, the list of signatories includes The Cure’s Robert Smith, New Order, Mark Knopfler, Iron Maiden, PJ Harvey, alt-J, Aluna Francis, Bastille, Ben Howard, Brix Smith, Mogwai, Nick Cave & The Bad Seeds and Nubiyan Twist. (View the full list below.)
With the statement on Thursday, the group of signatories joins consumer choice organisation Which?, the FanFair Alliance, O2 and the Football Supporters’ Association, along with organisations representing the music and theatre industries, venues, managers and ticket retailers, among others.
The statement arrives alongside a new investigation from Which?, which outlines the global touting operations targeting the U.K.’s ticketing industry. The group identified prolific scalpers in locations including Brazil, Dubai, Singapore, Spain and the United States, all of whom were bulk-buying tickets for live music and sporting events in the U.K. before relisting them at inflated prices on platforms such as StubHub and Viagogo.
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Examples of this practice included tickets for Oasis’ Wembley Stadium shows, which were listed for prices as high as £3,498.85 ($4,594.04) on StubHub and £4,442 ($5832.41) on Viagogo. Another finding showed that a seat for the recent Minnesota Vikings vs. Cleveland Browns NFL clash at Tottenham Hotspur Stadium was listed for £3,568.39 ($4685.35) on StubHub.
Elsewhere, Which? also found multiple cases of speculative selling, which is when tickets are listed on secondary sites for double the price — even though the seller has not bought them yet.
In a press release, Lisa Webb, a consumer law expert at Which?, said: “Today’s joint statement makes clear that artists, fan organisations and consumers reject the broken ticketing market that has allowed touts to thrive for too long. The Prime Minister pledged to protect fans and a price cap on resold tickets will be a critical step towards fixing this industry, but he must commit to this legislation by including it in the next King’s Speech.”
Webb concluded: “Further reforms are also needed to ensure sellers actually own the tickets they advertise before listing them, that resale platforms ensure the identities of sellers and key information about a ticket are verified and that the new rules are effectively enforced.”
Artist signatories: Alfa Mist, alt-J, Aluna Francis, Amy Macdonald, Andro, Bastille, Ben Howard, Brix Smith, Charlotte OC, Coldplay, Dana Margolin (Porridge Radio), Dua Lipa, Graeme Park, Howard Jones, Idlewild, Iron Maiden, Johnny Marr, Keane, Kelli-Leigh, Low Island, Mark Knopfler, Mogwai, New Order, Nick Cave & The Bad Seeds, Nick Mason, Nubiyan Twist, Orlando Higginbottom, PJ Harvey, Quantic, Radiohead, Revenge of Calculon, Robert Mitchell, Robert Smith (The Cure), Sam Fender, SNAYX, Sweetie Irie, The New Eves, Travis.
Organisations: Fan Fair Alliance, Featured Artists Coalition, Football Supporters Association, LIVE, Music Managers’ Forum, Music Venue Trust, Musicians’ Union, O2, Society of London Theatre & UK Theatre, Society of Ticket Agents and Retailers (STAR), UK Music, Which?.
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LONDON — Blockbuster tours by the likes of Taylor Swift, Bruce Springsteen, Take That and Liam Gallagher contributed a record total of 8 billion pounds ($10.5 billion) to the United Kingdom’s economy in 2024.
The figure is up 5% from the previous year, according to the newly released This Is Music study from UK Music, the umbrella organization encompassing a range of bodies including the BPI and collection society PRS For Music.
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The results are being heralded as a huge success, with 2025 likely to bring a bumper uptick in the trend, thanks in part to headline-dominating stadium tours from the likes of Oasis, Coldplay, and Dua Lipa, plus U.K. arena residencies from pop heavyweights Billie Eilish, Sabrina Carpenter and more.
Published annually, the latest edition of This is Music takes a deep dive into how the U.K. music business fared both at home and on the world stage. It outlines employment stats, international music sales, plus gross revenue through ticket sales, tourism and more in order to paint a full picture of the industry’s contribution to the country’s overall GDP.
A strong appetite for British artists and songs helped push a notable increase in export figures in 2024. Charli XCX’s Brat LP – which saw her enjoy a global breakthrough and scoop eight Grammy nominations – thrived overseas, while Lola Young landed a chart smash in “Messy,” both contributing to a 5% rise to 4.8 billion pounds ($6.3 billion).
Employment also lifted by 2%, with a net total of 4,000 new jobs in the U.K. taking the number of people working in the music industry to 220,000 (full-time equivalent posts), reports UK Music. The breakdown of that figure, however, shows that a significant portion of these people are vulnerable to the cost of living. 43% of respondents earned less than 14,000 pounds ($18,400) from music, forcing them to turn to other jobs in order to make a stable income.
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Elsewhere, U.K. artist royalties surpassed a billion for the first time, with PRS for Music paying out a record 1.02 billion pounds ($1.3 billion) to its members – an 8.1% increase on last year.
“The UK music industry remains one of our greatest international success stories,” said the foreign secretary, Yvette Cooper MP, in a statement. “Every year, we see more new artists from Britain becoming global stars, and our existing world-famous musicians reaching new heights, all of them adding to the incredible heritage of creativity, talent and genius that has defined UK music throughout our history.”
Despite these fiscal wins, however, the report warned that the U.K. music industry still faces a number of tough challenges. There are potential risks posed by generative AI on music creation, which could erode employability across the sector, as more sophisticated tools emerge and pose a new rival for listener attention.
Another area where UK Music said urgent action was needed was further government support for the grassroots touring sector. In a survey conducted between March 20 and June 12, 2025, UK Music spoke to 1306 music creators, including songwriters, musicians, DJs and producers, and found that many emerging artists were finding it increasingly difficult to play live at this level, with income from touring not keeping pace with costs.
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95% of these respondents reported decreased earnings as a direct consequence of Brexit, up 8% from 2023, due to increasing touring costs and a subsequent impact on royalties as their music is performed less in Europe. As a result, UK Music called for an agreement between the UK and EU to lift visa and work permit requirements across EU borders.
“The status quo on these two big issues is currently tilted against music’s interests, with new survey data on both AI and EU touring evidencing why we need the balance to swing back in our favour,” said Tom Kiehl, chief executive of UK Music. He also urged the government to take “urgent action” in the key areas addressed in a bid to boost growth, exports and jobs in the U.K. music industry.
Elsewhere, the rate of economic growth in the music industry slowed, with Gross Value Added up by five per cent in 2024. This is lower than the double-digit growth seen over the past few years as the industry recovered from the pandemic.
The report cited ongoing threats to grassroots venues and a lack of big-ticket releases by British artists in 2024 as contributing factors to this figure.
“In recent years UK Music has reported that the music industry has enjoyed double-digit annual growth. That growth has now halved indicates a levelling off of the immediate post-pandemic boost that we experienced, as well as other underlying issues set out in this report,” said Kiehl.
He went on to describe how he remains hopeful that the U.K. music industry can overcome the challenges it faces during this “pivotal moment.” He added: “Let’s come together to make sure we realise our full potential.”
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Atlantic Music Group (AMG) has tapped A&R veteran Jeremy Vuernick as its next executive vice president.In the new role, Vuernick will report jointly to AMG CEO Elliot Grainge and Atlantic U.K. co-presidents Ed Howard and Briony Turner, overseeing the AMG roster to sign and develop new artists with global potential. He will be based in London.
The announcement follows the recent promotion of Howard and Turner to AMG’s global leadership team, a move the label has said was “designed to create tighter collaboration across the two territories, and to generate greater global impact for Atlantic’s world-class roster”.
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In the past year, Atlantic has enjoyed transatlantic success for U.S. breakthrough artists such as Alex Warren, Teddy Swims, and Benson Boone, as well as British firebrand Charli XCX.
Vuernick brings with him two decades of experience in the music industry, largely in the A&R sector. He joined Capitol’s Astralwerks imprint in 2013, serving in senior capacities at the label before being promoted to executive president of A&R at Capitol Music Group (CMG) in 2019, where he oversaw the company’s portfolio of labels.
Prior to his tenure with Astralwerks, Vuernick held senior roles at independent label Ultra Music, overseeing A&R, marketing, and sales. More recently, in 2024, Vuernick founded the Los Angeles-based independent company Queens Road Music in partnership with Atlantic.
The U.K. has long been one of the most influential markets in the world and a cultural leader in developing and exporting exceptional global talent,” said Vuernick in a press release.
“With Elliot cementing the natural relationship between the U.K. and US, and Ed and Briony leading the charge as two of the best creative leaders in the business, our combined force will take Atlantic and its artists to a new level of recognition and success.”
Grainge added: “I have worked with Jeremy for a number of years and I’m excited to officially welcome him into the AMG family. He comes to us with outstanding experience, instincts, and passion for artists, so he’ll be an ace addition to our newly aligned teams.
“Under the expert leadership of Ed and Briony, Atlantic UK has been a formidable source of chart-topping, game-changing artistry. With Jeremy now based in London, we are continuing to build our bridge across the ocean, ramping up our collective A&R and cultural firepower.”
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Beyond the critical acclaim and handy sales boost, the U.K.’s Mercury Prize comes with an added bonus: a £25,000 ($32,000) cash prize for the chosen artist. For some previous winners – like Alt-J (2012) and Antony and The Johnsons (2015) – the money has covered the expenses of being a touring act, while Badly Drawn Boy (2000) infamously threw the cheque away in the heat of the winning moment (his cash prize was ultimately honored).
Now Sam Fender has joined a number of past winners by making a statement and donating the entirety of the cash prize to charity. The Music Venue Trust, a charity that supports grassroots music spaces and the scene as a whole, will be the beneficiary of Fender’s generosity. Fender joins previous winners such as Ms. Dynamite (2002) and M People (1994) who have made public that they donated their cash winnings to causes close to their hearts.
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Fender was awarded the Mercury Prize, an annual prize for an outstanding LP by a British or Irish artist, in his hometown Newcastle upon Tyne, England (Oct. 16). His third studio album People Watching saw off competition from Fontaines D.C., Pulp, FKA twigs, PinkPantheress and more at the ceremony which was held outside of London for the first time in its history.
People Watching remains the fastest-selling British album of 2025, and on Saturday (Nov. 15) a live concert film shot at his 80,000-capacity London Stadium show will be broadcast on YouTube. A deluxe edition of the album features collaborations with Olivia Dean and Elton John, and is set for release on Dec. 5.
The Music Venue Trust works to protect and secure the future of grassroots venues across the country. In 2024 a report by the charity shared that grassroots music venues operated on a profit margin of just 0.48%, with 43.8% of them reporting a loss. In 2024 alone, 25 music venues closed in the U.K. due to rising costs for venues and changing consumer habits.
“I wouldn’t be doing what I am doing today if it wasn’t for all the gigs I played around the North East, and beyond, when I was starting out,” Fender said about the reasons for the donation. “These venues are legendary, but they are struggling.”
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Fender has worked previously with the MVT, most recently donating £100,000 from his 2024 U.K. arena tour via a voluntary £1 ticket levy. He joins acts such as Katy Perry, The Last Dinner Party and Enter Shikari in making the commitment; Coldplay pledged 10% of all revenue from the U.K. leg of the Music of The Spheres tour to the MVT.
Mark Davyd, chief executive and founder of the Music Venue Trust, said, “This is an incredible gesture by Sam, demonstrating once again that artists absolutely understand how vital grassroots music venues are to their careers and to their communities. We are honored to accept this donation and will ensure every penny of it makes a direct difference to the campaign to keep live music at the heart of our towns and cities.”
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Iceland Airwaves managing director Ísleifur Thorhallsson, beaming in a festival-branded baseball cap, radiates enthusiasm as you enter NASA, a postcard-pretty conference hall in downtown Reykjavík, Iceland. “You can already feel the energy everywhere in the city,” he says on the eve of the festival’s 2025 edition. “This festival is built purely off passion.”
For four bustling days (Nov. 5-8), that sentiment rings true across nearly every corner of the city. Step inside the lobby of Center Hotels Laugavegur – where dozens of international industry figures congregate for the week – and you’re greeted by a 4K TV screen, playing music videos from Icelandic artists on loop. Festival posters transform Nordic-style buildings with bold splashes of colour. “Reykjavík Music City” tote bags swing on the shoulders of conference attendees, who exchange ideas over black coffee and thick slabs of hjónabandssaela – or “happy marriage cake,” a traditional rhubarb jam tart.
Launching in 1999 as a one-off weekender in an airplane hangar, Iceland Airwaves is now recognised as a premier event in the European festival calendar. Its guiding philosophy stems from how Reykjavík makes a lot of noise on the global stage, despite having a population of only 139,000; it’s a city that, through government grants and a cluster of marketing agencies focused on promoting music abroad, invests deeply in culture and empowers its artists.
Over the years, Iceland Airwaves has played host to acts that have gone on to become global stars, including Fontaines D.C. and Florence + The Machine, while also consistently showcasing a wide array of Icelandic talent. As with any new music festival, the trick is to come with an open mind and get ready to uncover acts ready to make a name for themselves.
Homegrown success stories that have come up through the festival in recent years include jazz-pop maestro Laufey, who played two sold-out nights at Madison Square Garden in October, and Grammy-nominated pianist Ólafur Arnalds. The international profile of Iceland’s music shows that locals already know that a prominent slot can be a key next step for a local artist’s success, but as has become the norm with this festival, delegates from across the U.K., US and Europe were invited to listen in and watch the magic unfold, too.
To that end, Iceland Airwaves holds its place as a tastemaker event, platforming breakthrough acts from both sides of the Atlantic as well as giving a boost to the future stars of its country. These were the biggest takeaways from 2025’s edition.
Gen Z Is Redefining the Festival Experience…
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