New York is center of the musical universe — and the de Blasio administration has the stats to prove it.
New York outsells Los Angeles and London when it comes to ticket sales and employs more people in the music business, according to the Mayor’s Office of Media and Entertainment, which released details of its first major economic impact study on the music industry on Wednesday.
The city supports 60,000 music-related jobs, pays $5 billion in wages and that it results in $21 billion in economic output, according to the report, which was conducted by Boston Consulting Group.
The report was commissioned after de Blasio added responsibility for the music industry a year ago to the portfolio of the city’s film and TV unit, which is currently run by Julie Menin.
Menin told The Post that she hopes the report will help her address factors which impede the growth of music business such as licensing issues. She also hopes to attract new music business to the city and encourage new music venues and corporations to open here.
No word on whether that would mean subsidies for nightclub owners — or, for that matter, aspiring musicians who can no longer afford the Big Apple’s soaring rents.
In the past, New York clubs helped launch the careers of Frank Sinatra to Debbie Harry and The Ramones. Sony Music Group and Warner Music Group have corporate headquarters in New York.
While many artists head straight to Los Angeles to get a career break, the report suggests that New York venues sold more tickets than any other major Western city. New York venues sold some 5.4 million concert tickets, versus London on 4.2 million and 1.7 million in Los Angeles, the study finds.
Menin’s office is in the process of luring The Grammys to New York for the first time in years. The Grammys could bring $200 million in indirect spending to the City if a deal with the Recording Academy can be reached but the office is hoping to reach beyond The Grammys to see what else could be lured to the City.
The report also underscores the extent to which New York is at the forefront of digital music.
“One statistic we found, is that we have 72 digital music companies located in New York, 35 in San Francisco, and 35 in Los Angeles. And we have Spotify located at the World Trade Center. We are really seeing that music companies want to be here,” Menin said in an interview.
The study finds that 20 percent of the successful digital-music projects on Kickstarter are from New York City. Menin added that Sirius XM is based here while SoundCloud and Pandora have New York offices.
“This idea that you have to be in Silicon Valley is not true,” adds Menin noting that Google and Facebook also have a major presence in the city.
Separately, the report could end up shaping policy and helping musicians protect their rights in the future.
“We want to help musicians have all the tools they need to succeed for example, whether it is helping with contract language or tutorials that can be helpful.”