Concerts, for Italian live clubs, revenues at 24.8 million
Study by Assomusica, KeepOn Live and Arci: main bar is the main source of income. Public contributions account for only 5% of business, compared to 21% of the European figure
Italy's live music club scene generates a turnover of 24.8 million euros and attracts 1.16 million attendees across 6,456 events. A study by KeepOn Live, Assomusica, and Arci found that the main sources of revenue for these clubs are food and beverage sales (9.9 million euros) and ticket sales (9.1 million euros). The majority of the clubs (65%) are associations, and most have a low capacity, with 86% seating less than 500 people.
The sector is calling for greater public support, with current funding accounting for only 5% of their budgets, compared to 21% in other European countries.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
