An extensive ABC investigation has revealed ticket company Live Nation’s devastating effects on the Australian live music industry. In 2023, the US company earned nearly $US23 billion, and the company is increasing its power and reach in Australia.Â
Australian musicians face increasing pressure with the closure of small venues and large festivals nationwide. Ticketing giants such as Live Nation aren’t helping with hidden fees, which are driving up the price of tickets to almost double what they were 20 years ago. The effect on Australian live music is devastating.