Economic contribution of the venue-based live music industry in Australia
This study provides an estimate of the venue-based live music industry’s economic contribution
Many claims are made in relation to the importance of the live music sector to Australian music in general, including its role as a primary platform for the presentation of live music, an ‘incubator’ of local talent and as artist training grounds for international success and providing opportunities for income generation and audience development. However, live music activity has been primarily researched from musicians’ and musician management perspectives.
This study helps us understand the economic value of the venue-based live music industry in order to ensure future policy decisions consider the true value of the industry.
About the analysis
Ernst & Young was engaged by Australasian Performing Right Association (APRA), in conjunction with the Australia Council for the Arts, Arts Victoria, Arts NSW and Live Performance Australia, to measure the contribution of the venue-based live music industry nationally from a venue owner/managers’ perspective.
The study provides an estimate of the venue-based live music industry’s economic contribution in terms of gross output, value add and employment for the 2009/10 financial year.
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