Drop In Live Performance Revenue And Nightclub Attendance In Sydney CBD
There has been a 40% drop in live performance revenue at venues within the Sydney CBD lockout area since introduction of lockout laws
There has been a 40% drop in live performance revenue at venues within the Sydney CBD lockout area according to figures released by APRA AMCOS through the Live Music Office.
The data also shows a 19% decrease in attendance figures at nightclubs and dance venues since the lockout precinct was introduced in 2014.
APRA AMCOS analysed its licensing revenue for the period 1 February 2013 to 31 January 2015, and saw additional decreases in the value of fees collected from licence holders within the Sydney CBD Plan of Management lockout area:
Venues with a Live Artist Performance licence - All premises
* 40% overall decline in the value of door charge receipts
* 15% overall decrease in the value of venue expenditure on live artist performers
Venues with a Live Artist Performance licence - Hotels, bars and nightclubs
* 32% decrease in the value of door charge receipts
* 17% decrease in the value of venue expenditure on live artist performers
Venues with a Recorded Music for Dance Use licence - All premises
* 19% decrease in attendance figures across all venues
The APRA AMCOS licence fee for Live Artist Performances is based on a percentage of the venue's expenditure on live artist performers and a percentage of any ticket charges. The APRA AMCOS licence fee for Recorded Music for Dance Use is based on attendance figures.
APRA AMCOS reassesses the value of a venue's licence annually on the anniversary of the licence coming into effect. Accordingly, the full impact of the Sydney CBD lockout will be reflected in the organisation's data post February 2016.
Live Music Office Policy Director John Wardle said that the figures released today show that the lockout is having a negative effect on the live music industry. "There are important measures that need to be put into place to reduce the impacts to the live music sector that are now being experienced in Sydney, whilst still ensuring public safety is paramount," said John.
John cites the recent commitment by the South Australian government to review live music regulation best practice and red tape reduction as the kind of response the industry needs.
"The South Australian government recognises the cultural and economic value that venues and artists provide, and its review will help government agencies to reach consensus and deliver common sense policies."
Related News from Mi2N:
» Drop In Live Performance Revenue And Nightclub Attendance In Sydney CBD Since Introduction Of Lockout Laws
» CISAC 2018 Annual Report
» Pop Artist Ava King Releases New Single
» Puma Unveils Drum Machine Inspired Sneaker
» Is Podcasting the New Radio?
» Streaming & Listening Diversity - Spotify Case Study
Insider Scoop Directory
» [2018-06-23] The 2018 MIDEM Silk Road International Music Alliance Signing; International Music Industries Signing Of A Mutual Resource Sharing Agreement With Shanghai Conservatory Of Music & The China Records Group
» [2018-06-06] Screen Music Connect To Explore The Music Of Film, Television And Interactive Media; Created By James Hannigan, Award-winning Composer And Game Music Connect Co-founder, Screen Music Connect Builds On The Success Of The Sold-out Game Music Conferences
» [2018-06-05] Fred Casimir To Develop BMG's Global Recordings Business; As Well As Building BMG's European Infrastructure, Casimir Was Instrumental In Developing BMG's Recordings Business
» [2018-06-03] 13 Music Label Sold To MTN; DSN Music Spins Off Record Label To Albuquerque Music Entrepreneur's New Group
» [2018-06-02] CISAC 2018 Annual Report; A Comprehensive Overview Of The Confederation's Work To Serve 4 Million Creators And 239 Authors Societies Across The World
» [2018-06-02] MusicDish Announces A Love Electric 2018 China Tour; The Tour Will Crisscross Through China With 12 Shows In 8 Cities, Including Guangzhou, Dongguan, Zhuhai, Shenzhen, Kunming, Jiaxin, Wuhan And Beijing
» [2018-06-02] Darcus Beese Named President Of Island Records; Renowned U.K. Music Executive To Join Universal Music Group's U.S. Label Leadership
» [2018-05-17] Avant-Garde Label Maybe Noise Launches In Beijing; The Official Launch Will Be On May 26 At Magnet Theater With A Performance Supporting Its First Vinyl Release: Píng Zč
» [2018-05-04] Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour; The Tour Will Kickoff In Shanghai Where The Band Will Represent Lithuania During The Country's Signing To The Silk Road Music Alliance
» [2018-05-01] Hollywood Heavyweights Launch New Christian Music Label; Their Debut Release, Firma Collective - Songs For Every Soul, Was Produced By Mgrdichian And Mixed By The Legendary Brian Reeves
» [2018-04-30] Pop Artist Ava King Releases New Single; Paris-born Ava King Decided To Move To Beijing Where She Wrote For One Of The Biggest Chinese Movie Production Companies, HuaYi Brothers
» [2018-04-27] NetEase Cloud Music Sign Distribution Partnership With B2 Music; Chinese Music Streaming Service To Release Billboard "Best Of Asia" Album Series
follow MusicDish on