It will act on behalf of the live music industry, which contributes £6.1bn to the UK economy while employing 230,000 people, and will support a grassroots sector which saw 125 grassroots music venues close permanently in 2023, 78 festivals lost in 2024 and a 50% decline in tour dates over the last three decades.

New trustees will join the three founding trustees already in situ: James Ainscough from the Royal Albert Hall, Steve Lamacq of BBC 6 Music and the current LIVE Chair, and Kirsty McShannon, founder & CEO of Azorra.

There are six new trustee positions available and applicants for this voluntary role must be passionate about the world class UK live music sector and have a particular interest in how a vibrant future for artists, venues, promoters, festivals and the wider range of actors that make shows possible can be secured. They will share the Trust’s vision for an inclusive, sustainable live music industry with a particular initial focus on the needs of the grassroots sector. Trustees will have the experience and contacts necessary to assess where need is most pressing and where funds can have the most impact. While the focus of the Trust will be on most effectively distributing funds received, trustees with an ability to promote and accelerate the incorporation of a £1 contribution from tickets sold for arena and stadia shows above 5,000 capacity will be welcomed.