The rising prevalence of online entertainment, including paid subscription websites such as Netflix and Amazon Prime, has eaten into The Comedy Clubs industry's revenue. Consumers have become increasingly enamored by the ability to quickly and easily access high quality entertainment, including filmed standup comedy, which has reduced the need to visit comedy clubs. However, over the next five years, revenue is projected to grow at a slightly faster rate, as national unemployment continues to fall and wealthier consumers become more inclined to spend their money on live events.
This industry includes companies and theaters that produce live comedy shows and food and beverages for consumption on the premises. Comedy clubs may own or may rent the venue for staging their shows.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.