New research has revealed that Edinburgh Festivals spent more than £14 million with Scottish-based organisations and events professionals on event production and creative talent during 2016-17.
Two research reports – supported by EventScotland – have unveiled the importance of Edinburgh’s festivals and events sector to Scotland’s wider events and cultural market.
According to the reports, £9.3 million of that spend was with Scottish-based organisations on event production during 2016-17 – that’s 89 per cent of the total £10.5 million collective festivals spend on event production.
The research reports – The Network Effect and Ten Years of Expo – were commissioned to follow on from the Edinburgh Festivals 2015 Impact Study through examining the cultural impact of the festivals in more depth.
While The Network Effect reveals the significant contribution of the Festivals to Scotland’s cultural and events landscape in one given year, Ten Years of Expo reveals the role of the Scottish Government’s Edinburgh Festivals Expo Fund in increasing funding for Scottish artists, encouraging creative collaborations and maintaining the Festivals’ global competitive edge.
Commenting on the reports, Councillor Donald Wilson, culture and communities convener at City of Edinburgh Council, said: “The enduring appeal of Edinburgh’s Festivals to visitors is widely recognised and, with an audience reach of 4.6 million annually, is unrivalled anywhere else in the world. Together the festivals support thousands of jobs and the local and Scottish economies. These are the first reports to document how Edinburgh’s Festivals anchor the nation’s booming cultural and events sectors.
The festivals include Hogmanay, Edinburgh Festival Fringe and the Military Tattoo to name a few.
Image: Chris Watt