The Beatles' annual contribution to Liverpool economy valued at $118 mlnFebruary 9, 2016 - 15:52 AMT PanARMENIAN.Net - A new report has found that tourist income generated by The Beatles adds almost £82 million ($ 118 million) to the economy of their home city of Liverpool, NME said. The band formed in Liverpool in 1960, with the group instrumental in the local Mersey Beat scene during their early career. Their native Liverpool has long been a destination of pilgrimage for many Beatles fans and now The Telegraph reports that such interest contributes £81.9 million to the Liverpool economy each year and supports 2,335 jobs. A report - produced by Liverpool John Moores University and the University of Liverpool, and commissioned by Liverpool City Council - finds that The Beatles economy in Liverpool grows 15 per cent each year with "further significant growth potential" in the future. Professor Simeon Yates of the Institute of Cultural Capital at University of Liverpool told the Press Association: "This report clearly indicates the importance of The Beatles as a cultural and economic resource to the city of Liverpool...However, underpinning the economic impact and the cultural value of The Beatles heritage is a positive experience for fans, visitors and citizens, and the city needs to maintain standards in its efforts to promote this legacy." Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |