The Australian Live Performance Industry Broke All Records In 2017
And it's only getting better.
The Australian live performance industry had a record-breaking year in 2017, according to a new report from Live Performance Australia.
The 2017 Ticket Attendance & Revenue report found that "over 23 million Australians attended live events with over $1.88 billion generated through ticket sales" - a 23% growth in attendance and 32% growth in revenue nationally between 2016 and 2017.
"While contemporary music recorded its highest levels of ticket sales and revenue ($826 million) and attendance (8.5 million), circus and physical theatre and contemporary music festivals also recorded strong growth," LPA Chief Executive, Evelyn Richardson, said.
“Not only do the overall numbers show double-digit growth, it’s great to see revenue and attendance growth in all Australian states and territories.
“For the first time, Victoria takes the mantle of having the largest industry share for ticket sales revenue and attendance. Record revenue of $639 million (up 45%) and attendances of 7.4 million (up 35%) were driven by growth in major contemporary music concerts, musicals, circus and physical theatre and theatre."
Other notes from the report found that:
Between 2008 and 2017 industry revenue has grown by 77% between 20018 and 2017, while attendance has grown by 28% since 2013
Contemporary music and musical theatre continues to command the largest market share, with a combined representation of 66% industry revenue and 54% attendance.
To read the full report, click here.
This article and supporting images originally featured on The Music on Oct 25 2018, you can view it on their site here.