Friday, 20 June 2014 13:55

Australian Live Perormance Scene worth $1.2 billion

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A recent study by Live Performance Australia shows Australia's live performance industry contributes $1.2 billion to the Australian economy.   Almost 1/2 is down to box office receipts, 28.9% to corporate sponsorhip and 17.6% to government funding.   Contemporary Music is the highest sector contributing almost 1/3 ($830.9 million) to the total.

The live scene employs 34,000 compared to the film/video sector which employs 20,000.

The study was based on 2012 figures and prepared by accountants EY (formerly Ernst & Young).

http://www.musicweek.com/news/read/australian-live-performance-industry-worth-2-5-billion-study/058759

Australian live performance industry worth $2.5 billion - study

 

Read 663 times Last modified on Tuesday, 19 January 2016 06:14