Australian live biz posts modest growth in 2016
LPA's 2016 Ticket Attendance and Revenue Survey reveals the live entertainment business returned to growth last year, although music revenues continue to decline
News By | 5 October 2017
The Australian live entertainment business returned to growth in 2016, posting a 1.2% increase in revenue an 0.8% increase in attendance, reveals new data from trade association Live Performance Australia.
Revenues from live performance – which, in addition to popular music concerts and festivals, includes ballet and dance, children’s/family shows, classical music, performing arts, theatre, opera, comedy, circus and physical theatre – grew to A$1.43 billion (US$1.12bn), with 18.78 million tickets sold.
However, the modest growth shown in 2016 failed to put much…