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Growth for Spain’s live business

SPAIN -
World News
March 24, 2018

The country’s live music business recorded growth of 20.6 per cent in 2017, rising from €223.2 million in revenue in 2016 to €269.2m, according to figures compiled by the Asociación de Promotores Musicales (APM).

Among shows which contributed to the increase were tours by Ricky Martin, who performed to 115,806 people across 13 concerts, Guns N’Roses who attracted audiences of 91,200 to dates at Madrid’s Estadio Vicente Calderón (cap. 48,740) and Bilbao’s San Mamés stadium (42,460), and Maluma who played nine shows selling 70,914 tickets.

Other artistes included U2, Ed Sheeran, Joaquin Sabina and Malendi, who sold 208,972 tickets across 37 dates.

The APM says a reduction in the amount of sales tax for live entertainment tickets from 21 per cent to 10 (see Audience issue 211) was a factor in the rise.

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