‘Concert-goers pay’: Ticket levy could raise $3m for Sydney’s struggling music scene
A proposal for a ticket levy in New South Wales aims to support the local live music scene by generating funds from concert-goers. The Australian Music Venues Foundation suggests a $1 tax on tickets for major venues, which could raise up to $3 million annually. However, there is debate over whether consumers or corporations should bear the financial responsibility for supporting the music industry.
- ▪The Australian Music Venues Foundation proposes a $1 levy on concert tickets for shows with over 5000 attendees.
- ▪The levy could generate between $3 million and $3.15 million annually from just five major Sydney venues.
- ▪Critics argue that consumers already face multiple hidden fees and that corporations should contribute more to support the local music scene.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.