Latest News

Back to Latest News back

 

APRA AMCOS Annual Report reveals closure of 1,300 live music venues

APRA AMCOS Annual Report reveals closure of 1,300 live music venues
October 20, 2023

More than 1,300 live music venues and stages across the nation have been lost permanently since the start of pandemic restrictions, constricting Australia’s live music scene for small to medium gigs by one-third over the past three years, according to the latest annual Year In Report from APRA AMCOS.

However, while the small to medium venue scene has been “decimated”, overall the live music industry reported record revenues of $690 million in 2022/23, an increase of 12% on the result in the previous financial year with major concerts and festivals seeing their revenue rise 400% in the first entire post-pandemic financial year, and net distributable income including royalties paid to songwriters and publisher members, affiliates and rightsholders rising 11% to $595.2 million.

APRA AMCOS also advise of the buoyancy of the international market, with global income for Australian and New Zealand artists exceeding $70 million for the first time - an increase of 17.7%.

The gross revenue revealed in the Year In Report and for the 2023 financial year also saw a dramatic increase - $270.3 million more than the $420.2 million of five years ago, which showcases a $64.3 growth.

The annual report also entails some of the best-selling concert tours of 2022/23 with Australian music fans heading to large-scale concerts by huge international acts such as Ed Sheeran, Elton John and Harry Styles delivering a record year in licensing fee earnings for the Australasia’s music rights collecting agency.

APRA AMCOS also reveal that the situation is bleak in nightclubs, with crowds have halved since pre-pandemic times, with annual attendance dipping to 1.6 million from over 2.8 million in 2019.

APRA AMCOS is lobbying State and Territory Governments to legislate for the establishment of special entertainment precincts to foster and protect new and existing live music venues, as well as calling on the Federal Government to commit to a live music venue tax offset to act as a catalyst in jump-starting live music nationally.

Explaining this in a statement, APRA AMCOS Chief Executive, Dean Ormston advised “there remains cause for considerable concern regarding the decimated venue-based live music market.

“The establishment of a national music development agency, Music Australia, is a landmark result. We warmly welcome the state-based support with the creation of Sound NSW. The establishment of Creative Workplaces is vital, which will underpin the accountability of our industry to provide fair, safe, respectful workplaces for Australian artists and arts workers.”

Ormston added “this means we are now recognised as an ‘industry’ by the Australian Government. Not only that, but we are also an industry worthy of investment.”

Tax offsets for live music venues could operate on a similar system to those in the local screen industry, where rebates are claimable if productions meet local content and employment quotas. The offsets, which largely benefit Hollywood studios shooting in Australia, were almost doubled to 30% by the Federal Government in the May budget.

Ormston noted “it really is a simple ask, it’s affordable and it will absolutely jumpstart businesses presenting live music on a national basis, and that’s what we need.

“We can’t wait for years and years for venues to organically come back online, we need something more immediate than that.

“Pubs and clubs are really where Australian bands get to cut their teeth, develop their own audiences, build their own profile and fan base and develop their own careers. With so many venues now lost, it’s absolutely a crisis point. We need an intervention.”

In January, Music Australia, a new national body to develop and support new contemporary music, was created as part of the Federal Government’s National Cultural Policy.

Click here to annual Year In Report. 

Images: The NightQuarter venue on the Sunshine Coast closed in December last year (top) and APRA AMCOS Chief Executive Dean Ormston (below).

About the author

Nigel Benton

Co-founder/Publisher, Australasian Leisure Management

Nigel Benton is the co-founder and Publisher of Australasian Leisure Management, Australia and New Zealand’s only magazine for professionals in all areas of the leisure industry. Having established the magazine in 1997, shortly after his relocation to Australia, he has managed its readership rising to over 11,500 and its acceptance as the industry journal for professionals in aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues.

In 2020, he launched the new Asian Leisure Business website.

Among a range of published works and features, his comments on a Blog (blogspot) from 2007 to 2011, when this website went live in its current form, may be interesting to reflect back on.

Click here to connect with him via LinkedIn.

Read more from this author

Related Articles

20th October 2023 - ARIA and PPCA welcome NSW Government’s regulatory overhaul of live entertainment

20th October 2023 - Millie Millgate announced as inaugural Director of Music Australia

19th October 2023 - NSW Government vibrancy package aims to protect and empower live music industry

4th October 2023 - National survey reveals Australians want more live music venues

18th September 2023 - Live Nation study finds that fans are more loyal to brands that offer live music perks

18th September 2023 - Great Southern Nights live music event returns in 2024 with new format

2nd September 2023 - Port Phillip Council considers new 5,000-capacity live music venue for St Kilda

22nd August 2023 - Vodafone and Live Nation partner to give customers exclusive access to Australia’s most anticipated live music acts

18th July 2023 - Newcastle local venues incentivised to host live music and performances

27th June 2023 - City of Port Phillip launches Victoria’s first Live Music Precinct

9th June 2023 - Inner West Council looks to invigorate local arts and live music scene

4th June 2023 - Townsville Mayor laments lack of live music acts at Queensland Country Bank Stadium

11th April 2023 - Live Music Activations program to support Inner West creatives and organisations

30th January 2023 - Live Performance Australia and Australian Live Music Business Council among stakeholders welcoming new National Cultural Policy

21st December 2022 - AEG’s AXS ticketing business looks to target Australian live music sector

14th December 2022 - Nominations open for 2023 National Live Music Awards

1st December 2022 - Award winning Sunshine Coast live music and hospitality precinct closes

22nd October 2022 - Victoria’s live music sector receives $11 million in funding

22nd August 2022 - South Australian Government reveals $10 million fund to back live music and festivals

1st July 2022 - Queensland live music and performance industry continues to receive financial boost

31st May 2022 - Leading promoters fearful of rising cost pressures on live music

11th May 2022 - Industry bodies unite to release plan for next Federal Government to back live music

18th April 2022 - Bluesfest kickstarts besieged Australian live music industry and supports flood-ravaged local community

25th March 2022 - Queensland’s live music sector recovery supported with latest round of funding

15th March 2022 - Live music industry set to experience significant growth in the Asia-Pacific region

14th March 2022 - New $6 million live music precinct to open in Adelaide

1st February 2022 - NSW Government announces $85 million funding to support performing arts and live music

13th January 2022 - Omicron impact sees call for screen production insurance to be matched for live music and events

30th November 2021 - Live music and entertainment industry urges Governments to deliver national insurance scheme as Omicron threatens recovery

15th October 2021 - Live music sector continues call for national event insurance scheme

22nd March 2021 - Australian Live Music Business Council calls on government to ease COVID restrictions on venues

23rd October 2020 - Survey shows over 400 Australian Live Music Businesses face imminent closure


Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

Click here to view our subscription options.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Intelligenz Solutions

Intelligenz provides Leisure Management Software for managing all your Program Registrations, Facility Bookings, Membership Sales and POS Transactions; including detailed Reporting, automated…

read more

Access / Billing / Finance / Marketing / Technology

 
 

iDwala Pty Ltd

iDwala is the Community Sports Facility Specialist offering the highest quality designs and technical expertise to Councils, Schools and Sporting Clubs looking to create sporting…

read more

Consultants / Design / Recreation / Sport / Surfaces

 
 

Worldwide Sports Management

Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…

read more

Aquatics / Consultants / Recreation / Sport / Venues

 
 

Riedel Communications Australia Pty Ltd

We live for media production and global events, providing real-time networks for video, audio, data and communications.

read more

Entertainment / Events / Technology / Venues

 
 

Altitude Training Systems

ATS are global leaders in altitude training and research. From mask systems and inflatable tents to simulated altitude facilities, we help all athletes gain the competitive edge. Our…

read more

Fitness / Sport / Technology

 
 
 

SENtag

Developed in Europe, this innovative system offers a safety management solution for swimming pools that checks individual swimmers via their wristband - monitoring their depth and time. Sensors…

read more

Aquatics / Hospitality / Safety / Technology / Waterparks

 
 

GymMaster

Contact: Australia: (+61) 1800 849 001 New Zealand: (+64) 3 668 5727 International: (+1) 415 915 0375

read more

Fitness / Recreation / Technology

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business