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Music Industry Economic Impact Study Makes Waves

Belmont University’s ground-breaking research quantifying for the first time ever the economic impact of Nashville’s best-known industry has been featured in press coverage locally and beyond. Here is a sampling of the coverage…

Music biz boosts Nashville to tune of $6.4B; Belmont study: Industry provides 19,437 jobsThe Tennessean, page 1.
Study defines music’s economic strength; Industry’s impact on city comes to tune of $6.38 billionThe Tennessean, business section page 1 today, with charts and graphs.
Music industry generates $6.4B for NashvilleNashville City Paper, page 1 today
Nashville music biz tops $6 billion a year
Associated Press story in the Memphis Commercial Appeal business section today. The AP story is also appearing on the websites of various media outlets around the country, though that doesn’t mean it is in their print or broadcast product.
Measuring music: Sector worth $6.4B to region
Nashville Business Journal website today
Study Sets a Dollar Value on Music in Nashville (subscription only)
The study, The Economic Impact of the Music Industry
In the Nashville-Davidson-Murfreesboro MSA
, is the first ever to assess the economic impact of Music City’s namesake industry. The research team was headed by Dr. Patrick Raines, dean of the college of business and professor of economics at Belmont University. It can be downloaded here (35-page pdf.gif file).

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