Country Profile: Australia
On paper, Australia’s live music industry is formidable: an A$8.8bn sector, with live performance alone worth A$4.8bn.
Yet, beneath the glitzy surface, over 1,300 venues have closed since 2020 and high-profile festival collapses have dominated headlines. As the pandemic storm calms, attunement to audience demand is a guiding light.
The top end is solid, as Live Nation’s Australia and New Zealand president, Alex Klos, attests: “Demand for live experiences shows no sign of slowing, and the market remains strong. 2024 saw the live music industry reach new heights, with growth continuing into this year.”
Mushroom Group continues to bring megastars to the country, and CEO Matt Gudinski says its artist-first approach sets it apart in an increasingly consolidated market. “It’s the relationships we retain – not only directly with artists but with managers and agents – and our understanding of how artists want to…
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