NEWS
“ We have held our own in a 12 year period which encompasses the triumph of the iPhone , the massive growth of web based marketing , and a pandemic which closed our industry for almost two years . What the future holds I don ’ t pretend to know , but as of today it seems that the pivot to digital has largely failed to find its axis .
CloserStill Media and Nineteen Group chairman Phil Soar
£ 33.6m
Revenue contributed by Manchester Central to the Greater Manchester economy in the first three months of 2023
100
Different countries represented at London Book Fair
10,000
Government insurance scheme cost £ 6m
The Government-backed Live Events Reinsurance Scheme , designed to offer events organisers cover during the Covid-19 pandemic , paid out just one single claim of £ 180,500 while generating nearly £ 6m in premiums to cover 169 events , according to official data , obtained by the Financial Times . The scheme , first announced in August 2021 , met with widespread criticism as not being fit for purpose due to its limited scope . It did not provide cover unless closures were government or local authority mandated and provided no protection against reduced numbers or visitors being dissuaded from attending under partail restrictions during the Omicron wave of the pandemic . According to a freedom of information
( FOI ) request , the scheme resulted in one payment to organisers of an electronic music festival after the event was called off due to the venue being required as a vaccination centre . The FOI did not include the number of unsuccessful claims . In June last year , the Department for Digital , Culture , Media & Sport ( DCMS ) said the scheme had provided more than £ 100m worth of cover , supported more than £ 400m of investment and protected almost 15,000 jobs . The £ 750m scheme offered cost indemnification if an event had to be cancelled , postponed , relocated or abandoned due to UK Civil Authority restrictions in response to Covid-19 . It was launched in September 2021 and ran for a year .
Attendees at the expanded Retail Technology Show at Olympia London
360
Degree camera streaming services introduced by First Sight Media to use at exhibitions
£ 3.8bn
The global market value of the automotive film wrap industry , according to the organisers of new event WrapFest at Silverstone
Summer — 07