Suggests offering businesses financial incentives.
Eric Nicoli, EMI Group’s chairman, has urged the U.K. government to stimulate further growth in the music sector by adding music curriculum in schools and offering businesses financial incentives.
Speaking during the government’s first Music Industry Summit at London’s British Library earlier today (June 13), Nicoli criticized the country’s poor investment in music education at schools.
“We need more done to stimulate creativity in schools: music is something which we know especially inspires young people – yet where is it now on the curriculum?” he demanded. “We need help devising the right skills and training to keep us fit for the future.”
He also believed schools can teach young people to appreciate the value of rights protection. “We need help with educating consumers and young people to respect copyright,” he added.
While he did not believe protectionism or subsidies of any kind would benefit the U.K. music business, Nicoli called for government incentives.
“Given that we spend more than many other sectors – including manufacturing – on research and development as a percentage of sales, it would be good to have similar financial incentives such as tax breaks,” he declared.
The Music Industry Summit series is part of the government’s Creative Economy Program launched last year; it is led by Shaun Woodward, the new minister of creative industries and tourism, which is part of the Department of Culture, Media & Sport (DCMS).