🍪 Our Cookies

This website uses cookies, pixel tags, and similar technologies (“Cookies”) for the purpose of enabling site operations and for performance, personalisation, and marketing purposes. We use our own Cookies and some from third parties. Only essential Cookies are used by default. By clicking “Accept All” you consent to the use of non-essential Cookies (i.e., functional, analytics, and marketing Cookies) and the related processing of personal data. You can manage your consent preferences by clicking Manage Preferences. You may withdraw a consent at any time by using the link “Cookie Preferences” in the footer of our website.

Our Privacy Notice is accessible here. To learn more about the use of Cookies on our website, please view our Cookie Notice.

Investors plug in to live music as sector continues to rock

Share

News and Analysis

Investors plug in to live music as sector continues to rock

Fin Strathern's avatar
  1. Fin Strathern
6 min read

Private equity has been on a tear for snapping up businesses in the live music industry this year… and direct lenders are now queueing to finance them.

Once a sector reserved to the ‘quirky’ investment category, the industry has grown to become both an essential and fruitful source of revenue in the era of cheaply streamed music.

“The music industry has always been lucrative, but the business model has completely flipped on its head in the last few years,” a source who invests in the sector told 9fin.

“With artists getting paid a fraction of a penny per stream and album sales tanking, the industry has had to adapt and expand in other areas,” they continued. “Live events and touring has proven to be one of the best ways to do that.”

From 2018 to 2028, global revenue from live music ticket sales is expected to grow by 83% from $20.3bn to $37.2bn, according to Statista data.

Read all our public content for free

We won't spam. You can unsubscribe at any time.

What are you waiting for?

Try it out
  • We're trusted by the top 10 Investment Banks