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Struggling live music sector needs watchdog to crack down on anti competitive practices inquiry says

The Struggling Live Music Sector

The live music industry in Australia has been facing significant challenges in recent years. Despite its importance to the country’s cultural landscape, the sector has been plagued by issues such as high ticket prices, limited accessibility, and a lack of transparency in fee and charging practices.

US companies dominate Australian live music market with 90% control.

These three companies have a significant impact on the live music industry in Australia, shaping the market and influencing the types of events that take place.

The Dominance of US-based Companies in the Australian Live Music Market

The dominance of US-based companies in the Australian live music market is a topic of interest and concern for many in the industry.

The music industry has been severely impacted by the pandemic, with many venues and events cancelled or postponed due to government restrictions and social distancing measures.

The Devastating Impact of the Pandemic on the Music Industry

The COVID-19 pandemic has had a profound and far-reaching impact on the music industry, affecting not only the artists but also the venues, promoters, and fans. The loss of live music venues and the decline in nightclub attendance are just a few examples of the devastating effects of the pandemic.

The Loss of Live Music Venues

  • Over 1,300 live music venues have been lost since the pandemic began
  • Many of these venues were small, independent spaces that were the lifeblood of local music scenes
  • The loss of these venues has had a ripple effect, impacting not only the artists who performed there but also the local communities that relied on them

    • The closure of live music venues has been particularly devastating for emerging artists who rely on these spaces to gain exposure and build a following.

    The committee’s insurance premiums have increased by 25% in the same period.

    The Rise of Public Liability Insurance for Venues

    The world of live events has seen a significant shift in recent years, with a growing emphasis on safety and risk management. One area that has been particularly affected by this trend is public liability insurance for venues. In this article, we will explore the reasons behind the rise of public liability insurance for venues and the impact it has had on the industry.

    The Importance of Public Liability Insurance

    Public liability insurance is a type of insurance that protects venues from financial losses in the event of accidents or injuries to third parties.

    The Case for Abolishing User-Pays Policing Charges at Music Festivals

    The recent report has sparked a heated debate about the fairness and necessity of user-pays policing charges at music festivals. The question remains: should governments consider abolishing these charges altogether?

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