Organisations within the Music and Theatre Production industry vary significantly. Traditional performing arts production companies rely heavily on government funding to remain viable, while contemporary music production companies run on high profit margins. Industry revenue fluctuates according to changes in government funding and industry operators' ability to stage popular shows. Over the past five years, the number of big-name musicians performing has increased, boosting the share of industry revenue attributable to popular music concerts.
Companies in this industry produce live theatrical or musical performances including concerts, opera, ballet and drama plays.
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.