Australia’s union for performing artists has accused the world’s largest live entertainment company of anti-competitive behaviour and called for the Australian Competition and Consumer Commission to investigate the industry.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup The MEAA campaigns director Paul Davies said despite music being by far the most profitable sector in the performing arts, the artists and crew working in the industry had become reliant on government grants and charitable organisations such as Support Act to eke out a living.On average, a musician in Australia now earns just $6,000 a year, Davies told the inquiry.
“For those companies, as opposed to musicians, live music is a very lucrative business model… Live Nation has made a net profit of over $55 m in the last financial year alone.“And it’s largely done that through a kind of Amazonification of live music… Live Nation not only controls ticketing, but festivals, music agencies, and increasingly music venues. What that does is give them unprecedented power over musicians and their audiences.
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Fuente: FinancialReview - 🏆 2. / 90 Leer más »