Live Music Industry News: UK levy • NIVA Summit • NY Ticket Fees • Bandsintown • Ticketmaster
In the latest live music industry news, support for a levy to support UK grassroots venues is growing. The UK government endorses the plan as do many artists and most of the live music industry. Notably silent is Live Nation.
This week The Guardian came out in favor of the voluntary £1 ticket levy at major concerts: “a scheme to spread the sound around deserves support… More gigs would be a good thing, and a voluntary £1 levy for grassroots venues could help.”
Read the full piece here.
More Live Music Industry News
• The National Independent Venue Association (NIVA) and the Indiana Independent Venue Alliance (IIVA) just wrapped the inaugural NIVA Live Policy Summit.
It followed the release of the State of Live economic research reports for 50 states and D.C.
The consensus from the Summit: “a bipartisan movement toward face value ticket resale is the future.”
“We will take the energy, passion, and creative ideas from this Summit and work to ensure that a monopoly, predatory ticket resellers, and multi-billion-dollar resale platforms never again dictate policies that have made for an abusive fan, small business, and non-profit experience in live entertainment for far too long,” said Stephen Parker, Executive Director of NIVA.
Read more of what happened at the NIVA Live Policy Summit here.
• NITO shared a analysis of New York State ticket fees. Their findings showed the average primary ticket fee in New York State have now risen to 28.65% – an increase of more than 36% in less than a decade.
Primary market tickets priced at $40 or less carried a higher average fee of 35.5%. Read the full study from the National Independent Talent Association here.
• Bandsintown celebrated a major milestone: 100 million registered fan users across 196 countries. Alongside strategic partnerships with Spotify, Google, YouTube, YouTube Music, Apple and Shazam, Bandsintown’s total global reach is now more than 4.1 billion monthly active users.
Read the full story and what it means for artists and venues here.
• Ticketmaster is shutting down its TradeDesk ticket resale platform and making other changes following an FTC lawsuit.
This move could change concert ticket resales, impact artists, and reshape the live event industry. Learn more.
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Bruce Houghton
