Huge growth in China and across Asia helped the global recorded music market to grow by 9.0% in 2022, according to IFPI, the organisation that represents the recorded music industry worldwide. Figures released in IFPI’s Global Music Report show total trade revenues for 2022 were $26.2bn. Subscription audio streaming revenues increased by 10.3% to $12.7bn …
Music businesses offer support for Live Nation’s FAIR Ticketing Act calls
Over 20 live music businesses in the US have announced their support of Live Nation Entertainment’s call for a FAIR Ticketing Act. Live Nation announced its support for the initiative during the company’s most recent earnings call in February. FAIR stands for ‘Fans & Artists Insisting on Reforms in Ticketing’ and is calling for artists …
Eurovision Song Contest tickets to go on sale next week
Eurovision Song Contest fans will soon be able to snap up tickets for the nine shows that make up the competition. Tickets will go on sale on Tuesday March 7 at 12:00 GMT (13:00 CET). The UK is hosting the Eurovision Song Contest on behalf of last year’s winners Ukraine, with 160 million people set …
Australian Football League freezes 2023 admission prices
The Australian Football League (AFL) has continued its dedication to making the sport accessible by putting a price freeze on general admission tickets for all matches at the Melbourne Cricket Ground (MCG) and Marvel Stadium across the 2023 season. The AFL has frozen prices for the Toyota AFL Premiership four the last four years, across …
Coventry Building Society Arena welcomes record crowd
Coventry Building Society Arena welcomed a record crowd for a sporting event yesterday (Sunday), with 32,128 spectators watching England Women take on Italy. The match was part of a double-header for the 2023 Arnold Clark Cup, with Belgium facing South Korea in the second fixture. Sunday’s attendance beat the previous record figure of 32,019 for …
NFT-TiX: More than just a ticket
Non-fungible tokens, or NFTs as they are more commonly known, and blockchain technology have certainly become a topic for conversation over the last few years. With the idea in the making since 2019, Emil Ljesnjanin founded marketplace NFT-TiX in 2021 and launched the company in July 2022 at Exit Festival, taking advantage of the technology’s …
NTIA report demonstrates importance of electronic music in the UK
The Night Time Industries Association (NTIA) has presented its first UK Electronic Music Industry Report, which has demonstrated the economic, community and cultural value of the electronic music industry, and the genre’s interwoven presence in live concerts, events, venues and festivals. Published in collaboration with Audience Strategies, the report showcased how electronic music has had …
Senate Judiciary Committee warns Ticketmaster ahead of Beyoncé presales
Ticketmaster will be hoping to avoid a repeat of the Taylor Swift incident when tickets for Beyoncé’s first solo tour in six years go on sale in the US later today. The Live Nation-owned platform has already said that registration demand for Group A – which covers concerts in nine US cities – was eight …
Accor Stadium to host Australia’s Women’s World Cup opener
Australia’s opening match at this year’s FIFA Women’s World Cup will now take place at Accor Stadium as part of plans to maximise attendance for the fixture. The match had initially been due to take place at Allianz Stadium, which has a capacity of 42,500, but demand for tickets has prompted the switch to the …
People on the move: MSG, Two Circles and more…
We round up the latest movements from the ticketing sector and associated industries… Madison Square Garden Entertainment has promoted Josephine Vaccarello to the position of executive vice-president, live. Vaccarello (pcitured left) previously served as senior vice-president, MSG live and business operations, where she played a role in overseeing strategy and business operations that helped drive …