Arena Market: France
France not only values the arts more than many other nations, it also has a variety of schemes in place to protect and grow its domestic arts. The most notable here was the introduction of quotas on what music French radio stations must play (with legislative measures in 1994 insisting on 40% French music, although that was reduced to 35% in 2016).
Live is not subject to the same quotas, but the country is very keen that the domestic is not overshadowed by the international.
Nicolas Dupeux is general manager of Paris Entertainment Company and oversees the 20,000-cap Accor Arena and the 9,000-cap Adidas Arena (the newest venue in Paris, which opened in time for the 2024 Olympics). He says that bookings at both are split 50/50 between international and domestic acts.
But he admits that the French arena market is currently grappling with numerous difficulties. “The sector is facing several challenges this year, particularly with rising production costs and increased financial pressures on consumers,” he says. “While inflation has begun to ease, costs remain high and consumer purchasing power is under strain.”
He notes, however, that live music…
Looking for full access?
Enjoy unlimited access to all digital content by subscribing to IQ
Share this
