In this section we have a collection of pages about the economic benefits of live music to the community.
Pages on this website:
Arts Victoria – On August 9 2011, Arts Victoria released a report: “The economic, social and cultural contribution of venue-based live music in Victoria”, which for the first time quantifies the cultural and economic value of live music in Victoria. “Live music venues generated an additional $501 million in gross state product to the Victorian economy.”
APRA AMCOS – In September 2011 APRA AMCOS released a report The economic contribution of the venue-based live music industry in Australia, together with its summary Life’s Better With Live. It found that in 2009/10 the Australian live music industry injected $1.21 billion into the national economy, with total profits and wages of $652 million and supporting almost 15,000 full-time jobs.
Live Performance Australia – On June 17 2010, LPA launched its first benchmarking study “Size & Scope of the Live Entertainment Industry 2010” by Ernst & Young. The Study finds that the industry generated revenues of $1.88 billion in 2008 and contributed $1.1 billion to the Australian economy.