Live Nation’s Influence Over Australia’s Live Music Scene Under Scrutiny

The live music sector in Australia is currently experiencing significant challenges as the multinational corporation Live Nation continues to increase its influence. The company is reportedly squeezing out local competition through a series of acquisitions of smaller, independent operators. This aggressive expansion has resulted in the closure of more than 1,300 venues and the acquisition or cancellation of several major music festivals across the country.

A recent investigation by ABC‘s Four Corners has unveiled how Live Nation and its ticketing subsidiary, Ticketmaster, are strategically maximizing profits. The report suggests these practices are often at the expense of consumers and artists, who are facing increasing difficulties due to the monopolistic behavior of the company.

Many musicians and industry insiders, fearing potential repercussions on their careers, have been hesitant to publicly criticize Live Nation. However, the Four Corners report includes insights from some of Australia’s leading musicians who have come forward to reveal the extent of the corporation’s practices for the first time.

Reporter Avani Dias, leading the investigation, highlights these issues and brings forward calls from industry stakeholders for the federal government to intervene. There is a growing demand for regulatory measures to preserve the diversity and vibrancy of Australia’s live music scene.

The Four Corners episode “Music For Sale,” exploring these findings in-depth, aired on Monday, October 14th, at 8:30 PM on ABC TV. Further information is available on the ABC News website and social media platforms.