A new report on the impact of COVID-19 on the creative sector has found that 16 per cent of the creative sector is facing permanent closure now. MSMEs and the freelance workforce who cater to large companies have been worst hit, says the report launched on Tuesday, adding that 22 per cent of the sector, is forecast to lose more than three-fourths of annual income.
Covid-induced contraction in creative economy, income loss: Report
The Economic Times,
22 December 2020, India
India
India Protects Work Created by Artificial Intelligence
Govt Working to Institutionalise Global Cultural Initiatives in India: PM Modi
See all news from India
Asia
Arts Council Korea announce open call for Artists, Producers and Engineers | Deadline: March 28, 2024
How big is the Philippines’ creative economy – and are you part of it?
See all news from Asia
Creative and cultural industries
Arts & Cultural Sector Hit All-Time High in 2022 Value Added to U.S. Economy
US Government Rolls Out Programmes To Boost Nigeria’s Creative Economy
See all news from Creative and cultural industries
Cultural economy
How big is the Philippines’ creative economy – and are you part of it?
K-content goes global: How government support and copyright policy fuelled the republic of Korea's creative economy
See all news from Cultural economy