Billboard reports strong performance by ASM Global’s Australian arenas

October 28, 2019

The three capital city arenas managed by ASM Global management in Australia continue to perform well on the world stage, according to the just released Billboard magazine’s “Arena Power List” for 2019.

Sydney’s Qudos Bank Arena was listed the fourth highest grossing in the world for arenas with more than a 15,000 capacity while the Brisbane Entertainment Centre was second and RAC Arena in Perth sixth in the 10,001 to 15,000 capacity category.

Billboard noted that in each live-music year, arenas have always represented the lifeblood of the global concert industry. It also said that Indoor venues accommodating 10,001 or more fans accounted for 40% of total attendance and 46% of total ticket grosses during the 12 month period.

The 21,000 capacity Qudos Bank Arena grossed $81.1 million in ticket sales between 1 July 2018 and 30 June 2019.

Commenting on the results, General Manager, Steve Hevern said Qudos Bank Arena continued to strive to deliver the best event experience for patrons and guests, advising “these results are a huge achievement for every single Qudos Bank Arena employee.

“We are extremely proud that we can compete with some of the biggest venues around the world - and it’s a testament to challenging ourselves, our partners and tour promoters - to continue to bring the biggest names, the hottest events and the greatest live music to Sydney.”

The 13,500 capacity Brisbane Entertainment Centre hosted 73 performances, grossing $40.5 million in the year.

Advising that 2018/19 had been the best for concerts in five years, Brisbane Entertainment Centre General Manager, Trish McNamara stated “the schedule was highlighted by the return of P!NK who played seven sold out shows, bringing to 32 to the number of performances she has played at the venue since 2004.”

The 15,000 capacity RAC Arena in Perth recorded $34 million for the year which saw eight of the venue’s top 20 highest grossing shows of all time perform.

Adding that said one of the year’s highlights was the venue’s first naming rights deal with RAC, RAC Arena General Manager, Michael Scott noted “another was P!NK’s record for the most tickets sold by a solo performer, including 16,000 visitors from outside of the capital city to attend the show.”

US-based Billboard is a global entertainment magazine.

Images: Qudos Bank Arena.

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8th October 2019 - ASM Global appoints new General Manager at the Newcastle Entertainment Centre

3rd October 2019 - New ASM Global expands operations in Australia

1st October 2019 - AEG Facilities and SMG complete merger to become ASM Global

7th October 2019 - VenuesWest sets attendance record with over six million patrons in 2018/19

6th August 2019 - VenuesWest undertakes smart venues transformation

11th February 2019 - AEG Ogden Chairman Harvey Lister excited at being part of new ASM Global venues business

21st May 2017 - AEG Ogden looks to advance Brisbane’s proposed $2 billion entertainment precinct

4th October 2019 - Australasian venues rate highly on Billboard’s ‘2019 Arena Power List’

30th January 2019 - Australian venues rank highly in growing 2018 international concert business earnings

10th October 2019 - Brisbane venues thrive as Stadiums Queensland operations deliver more than $300 million in economic benefit

19th December 2018 - Taskforce sets out future for Stadiums Queensland venues

20th August 2018 - RAC secures Perth Arena naming rights

31st January 2019 - Qudos Bank Arena welcomes more than a million people in 2018

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