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Despite a drop in the average ticket price and reported lower consumer confidence, the live performance industry today celebrates its strength.
National research conducted by Live Performance Australia (LPA) released today reveals the industry contributes $1.51 billion to the Australian economy and 18.54 million in attendance in 2014 – outperforming retail trade, accommodation and food services.’
LPA Chief Executive, Evelyn Richardson said the live performance industry is crucial to the vitality of the Australian economy and the social framework of Australia, which is evidence in the growth of both revenue and attendance figures.
The annual Ticket Attendance and Revenue Survey 2014 shows total revenue from ticket sales increased by 2% and attendance grew by 3.4% in 2014.