What is the Online Event Ticket Sales industry?
The Online Event Ticket Sales industry generates revenue from the sale of music concert tickets, sporting event tickets, opera, musical and theatre tickets and festival event tickets. Industry operators sell tickets for these events on behalf of venue clients, such as stadiums, performing arts venues and theatres, and retain a convenience charge and processing fee for services rendered.
Music concert tickets
The online sale of music concert tickets accounts for the largest share of industry revenue, at approximately 30.2%. This segment includes tickets for both classical and contemporary music performances. In general, revenue generated by music concert ticket sales is largely dependent on the number of big-name artists that tour Australia in any given year... purchase to read more