Live Performances In Australia Exceeds $2.5 Billion Revenues
Bruce Springsteen and Eddie Vedder

Bruce Springsteen and Eddie Vedder photo by Ros OGorman

Live Performances In Australia Exceeds $2.5 Billion Revenues

by Paul Cashmere on June 19, 2014

in Live,News

Australia’s live performance market is now bigger than film, television and games.

Figures released from Live Performance Australia audited by Ernst and Young show the live performance industry generated $2.55 billion in 2012 and contributed over $1.5 billion to the Australian economy.

“This study provides a snapshot of the live performance industry’s economic contribution in terms of gross output, value-add and employment in 2012” Live Performance Australia Chief Executive Evelyn Richardson.
54% of revenues from live performance are spent on people including performers and non-performing support staff such as revenue crew and venue staff.

The live performance industry of Australia employs 34,131 full-time positions in sectors ranging from ballet to theatre to contemporary music and festivals.

Contemporary music generated the biggest slice with almost one-third (32.6%) of the total revenue. Musical Theatre generated 14.6% of the revenue. Both Contemporary Music and Musical Theatre were also the top two categories of the previous year.

Since 2008 the live performance industry in Australia has experienced 17% of real growth and 21% in full-time employees. “Our industry is a significant contributor in terms of financial, employment, and quality of life metrics to the Australian economy” Ms Richardson said.

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