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In 2015, the Contemporary Music category experienced a decline in gross revenue, falling by 21% from $604.96 million to $447.90 million. The fall in gross revenue can be explained by the 13% fall in attendance and 10.4% decrease in the average ticket price.
Despite the generally weak result, the Contemporary Music category continues to be the biggest in the Live Performance Industry, commanding 34.0% of revenue and 30.2% of attendance of the Live Performance Industry’s share. Comparatively, in 2010 Contemporary Music commanded 49.6% of revenue and 40.8% of attendance of the Live Performance Industry’s share. However, the annual variability of this category strongly reflects the number of big-name artists which tour in any given year, particularly the number of stadium tours. These figures do not include music festivals, which are categorised under Festivals (Single-Category).
Successful tours by Fleetwood Mac, AC/DC, Ed Sheeran, and the Foo Fighters contributed significantly to the revenue and attendance in this category. However, there were significant declines in the Contemporary Music category, with performances in 2015 unable to match the growth recorded in the previous two years. Major international acts, such as Katy Perry, Bruce Springsteen, Eminem and Bruno Mars, whose successful national tours were a contributing factor to the high revenue and attendance results recorded in 2014, did not return in 2015.
All states experienced negative growth in Contemporary Music, with the exception of the Northern Territory that experienced a slight increase in revenue (8%) despite a significant decline in attendance (58%).