$34 billion lost to COVID-19

Australian live entertainment industry devastated by pandemic.

The Australian live entertainment sector has lost an estimated $34.3 billion dollars due to cancellations, lockdowns and reduced venue capacity during the COVID-19 pandemic.

According to the Live Industry Venues and Entertainment Alliance (LIVE Alliance) more than 79,000 entertainment industry jobs were lost in 2020, representing two-thirds of the industry. 

Live Performance Australia (LPA) LPA Chief Executive Evelyn Richardson said the pandemic continued to impact the industry.

“We know that small live performance venues are struggling to program events given the current restrictions and events of scale such as concerts and music festivals are a long way off returning to normal business operations,” Ms Richardson said.

“We are also a huge touring industry and rely on borders being open and venue capacities being aligned nationally. 

“For a producer putting a show into market, the current patchwork of restrictions severely hinders their ability to design a business model that works in terms of ticket sales and touring costs.”

According to research from I Lost My Gig (ILMG), a joint initiative of the Australian Festivals Association and the Australian Music Industry Network, more than 82,983 shows were cancelled in the 2020-21 financial year.

ILMG said a further 23,000 events across Australia were cancelled in July 2021 alone, resulting in more than $63 million in lost income.

Ms Richardson said the gigs that were able to go ahead remained unprofitable for many businesses.

“At 75% capacity most of our shows are still not breaking even,” she said.

“We’ve also had the constant disruption of snap lockdowns and changing border and density restrictions. This has impacted both consumer and industry confidence.”

A statement from the LIVE Alliance said meeting government vaccination targets was key to making the Australian entertainment industry viable again, with live music activity at just 12% of pre-COVID levels.

“The impact of the pandemic on Australia’s world-leading music, theatre, comedy and live entertainment industries has been truly devastating,” a LIVE Alliance spokesperson said.

“Getting vaccinated is the crucial step fans can take which will allow us to join together and enjoy the unbeatable magic of live performance once again.”

Queensland’s music industry contributes $8.5 billion to the economy and supports more than 92,000 jobs.

How to get vaccinated

Queenslanders should register their interest in getting a COVID-19 vaccine to secure an appointment at one of Queensland Health’s vaccination locations across the state.
Once registered, you will be asked to book an appointment in your local area when they become available. 

Eligible Queenslanders can also make an appointment via the Vaccine Eligibility Checker to receive their COVID-19 vaccine at an approved General Practice (GP), GP-led respiratory clinic, Aboriginal Controlled Community Health Service, or a participating community pharmacy.

Read more about how to register and book.