Goldman Sachs: Live to return to pre-corona levels by 2022

Investment bank Goldman Sachs has predicted relatively strong and quick growth for the live industry in 2021 and 2022, despite declines this year

The Goldman Sachs Tower in Jersey city, NJ © Oriez/Wikimedia Commons

Investment bank and research firm Goldman Sachs has forecast a strong rebound for the live industry in 2021, in its 2020 Music in the Air report.

In 2016, Goldman Sachs’ Music in the Air: Stairway to Heaven report predicted that the live industry would grow by US$14 billion by 2030, with the sector benefitting from a greater preference for experiences among millennials and Generation Z, as well as access to new tech and data to help boost ticket sales.

Now, the bank has released…

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