From celebrityaccess.com
According to a recent Pricewaterhouse Coopers International (PwC) study, the global live music industry is set to exceed its pre-pandemic performance this year.
The Global Entertainment & Media Outlook 2023–2027 report reveals that live music ticket sales are projected to reach $23.0 billion in 2023, surpassing the $21.5 billion generated in 2019, the last year before the global outbreak.
After experiencing a significant decline to $5.4 billion in 2020, a gradual recovery to $10.2 billion in 2021 and $20.3 billion in 2022, the live music sector is predicted to continue growing steadily.
The study forecasts continuous live music revenue growth throughout the forecast period, with an estimated $25.6 billion expected in 2027. Additionally, live music sponsorship is anticipated to reach the 2019 figure of $5.7 billion by 2024 and increase to $6.1 billion in 2027. Moreover, the combined revenue from live music and cultural events is projected to surpass the $66.6 billion mark achieved in 2019 by 2024.
PwC emphasizes the significance of the live music sector`s resurgence, stating, “After a prolonged period of inactivity during the COVID-19 pandemic, live sectors have regained momentum and are positioned to outperform the overall Entertainment & Media industry. From 2023 to 2027, revenues from live experiences are projected to grow at a Compound Annual Growth Rate (CAGR) of 9.6%, which is four times the 2.4% CAGR predicted for the overall consumer revenue. This highlights the enduring appeal of live experiences.”
In addition, the study highlights the recovery of cinema box office revenue, which is expected to return to pre-pandemic levels by 2025, reaching $43 billion, up from $39.4 billion in 2019. China is anticipated to regain its position as the largest global box office market by 2024, having overtaken the United States in 2020 and 2021.
Furthermore, the study reveals that global e-sports ticket sales revenue rebounded to pre-pandemic levels in 2022, following a doubling of revenue in 2021 and a growth rate of 147.8% in 2022.
PwC`s research also highlights a decline in physical recorded music revenue, which is expected to continue its downward trend, decreasing from $6.1 billion in 2022 to $4.5 billion by the end of the forecast period. Conversely, digital recorded music is projected to increase its share of recorded music revenue, rising from 74.3% in 2022 to 80.7% in 2027.
The Global Entertainment & Media Outlook 2023–2027 report provides comprehensive projections of consumer and advertiser spending data across 13 segments and 53 countries and territories, offering valuable insights into the industry’s future.
From Shore Fire Media
Music venue and hospitality company Notes Live has inked a deal with global entertainment presenter AEG Presents for the forthcoming $55 million outdoor music coliseum Sunset Amphitheater in Colorado Springs, Colorado. Under the terms of the deal, The Sunset will present roughly 40 concerts every year in an 8,000-person state of the art open-air amphitheater in the entertainment-rich Polaris Pointe development. In a true owner-operator partnership, AEG Presents will exclusively book the acts and run day-to-day operations while Notes Live will continue to own the venue. The unique terms of the ten-year agreement underscore the exceptional nature of this collaboration. The agreement is a ten-year term. Construction on The Sunset is already underway, on schedule to open in 2024.
“I can’t express the magnitude of our excitement as we embark on this incredible journey alongside AEG Presents. This partnership not only solidifies and validates our business model but also represents a truly exceptional alliance. Anytime you can do business with an Anschutz company, it’s an honor,” said Notes Live CEO JW Roth.
Brent Fedrizzi, Co-President & COO, AEG Presents Rocky Mountains, added, ““We are looking forward to bringing world class entertainment to Colorado Springs with the addition of the Sunset Amphitheatre and our new partnership with JW.Roth and his team at Notes Live. This entertainment destination will be a crown jewel in the community for artists and fans to enjoy for years to come.”
Named last fall to Billboard’s “Venues to Watch” list, The Sunset will host some of the largest touring acts in the country in style and comfort on the same campus as Notes Live’s current mid-sized music venue Boot Barn Hall. Designed by industry renowned architects, The Sunset will offer an unparalleled view of the sun setting over Pikes Peak, America’s mountain, right behind the stage as each concert begins, flanked by the United States Air Force Academy stadium on the left and the iconic Air Force chapel on the right, as well as amenities like 92 VIP luxury firepit suites, and a $20 million signature fine dining seafood and chophouse with a magnificent rooftop bar, carrying over 150 of the rarest bourbons in the world.
Notes Live has plans to begin construction in a half dozen markets by the end of 2023 or early 2024, with expansions to six additional markets planned over the next five years.
In 2022, Notes Live, Inc. announced new music and entertainment complexes in the emerging markets of Colorado Springs, CO; Gainesville, GA, and Murfreesboro, TN. The company identifies markets in regions with growing populations but a dearth of high-quality music and entertainment venues, and offers premium concert experiences, complete with unbeatable sound and sightlines as well as elevated food and beverage offerings. In addition to having two Notes Live venues named to Billboard’s “2022 New and Renovated Venues List,” JW Roth was named a “VenuesNow 2022 All Star.”
Photo by Notes Live
By Richard Oliver
Stephen A. Zito, CVE, one of the most respected venue managers in the country, has been promoted to Assistant Director for Convention & Sports Facilities/Alamodome. The City of San Antonio announced the move recently.
In more than 30 years of extensive experience in managing sports and entertainment facilities, Zito has managed thousands of events that have drawn millions of patrons. He is the overseer of what has been a remarkable resurgence of the Alamodome, which recognized its 30th anniversary in May.
Zito was General Manager of the Alamodome for more than six years.
“Steve brings a wealth of knowledge and energy to a position that requires both,” said Patricia Muzquiz Cantor, Director of Convention & Sports Facilities for the City of San Antonio. “The Alamodome ranks as one of the most diverse, popular entertainment venues in the country, and Steve’s leadership has been a critical part of that.”
Zito’s promotion was one of several personnel moves recently announced at the Alamodome. Michael Flores, who like Zito first began working at the Dome in 1993, has been elevated from Facility Business Manager to General Manager. Flores has spent most of his professional career at the Dome, including as a Fiscal Officer and Booking and Service Manager.
Other recent hires include Victor “Tito” Caballero as Marketing Manager, Lenzy Mora as Graphic Designer, and Troy Ragland as Manager of Public Safety and Transportation.
Since January 2022, the Alamodome has hosted more than 1.2 million guests, including concerts, sporting events, and other headline moments.
On January 13, the San Antonio Spurs set the NBA record for single-game attendance when 68,323 fans packed the Alamodome for the team’s 50th anniversary celebration game against the Golden State Warriors. Two weeks later, WWE held its Royal Rumble there, and more than 51,000 showed up as the wrestling circuit set records for gate revenues.
The Dome will host its fifth Men’s Final Four in 2025, and recently was selected to host the Women’s Final Four in 2029. On December 29, the Valero Alamo Bowl attracted 63,000 fans.
“None of this would be possible without the countless hours and commitment from the team of the Alamodome,” said Zito, part of the leadership that opened the Dome on May 15, 1993. “We always focus on our ‘One Team’ philosophy, and that team has many players. San Antonio has become a very viable market for all genres of entertainment, and for more than 30 years the Alamodome has been the centerpiece of that.”
Zito previously served as President of Sports & Entertainment for Andy Frain Services, Sr. Vice President of Facilities and Events for the Memphis Grizzlies/FedEx Forum and was Vice President of Facilities and Events for the San Antonio Spurs/AT&T Center (formerly the SBC Center). He has been intimately involved in the design, construction, and operations of several new facilities.
The Alamodome just completed one of the most successful years in its history. In the final five months of 2022 alone, the stadium hosted five headline stadium concerts that drew nearly 230,000 fans and generated more than $31 million in gross receipts. The events included the Motley Crue and Def Leppard Stadium Tour, Bad Bunny, Rammstein, Grupo Firme and Elton John.
Additionally, the Dome saw more than 150,000 spectators attend seven University of Texas at San Antonio football games, including the Conference USA championship on Dec. 2. In total, the Alamodome held 135 event days in 2022, with a similar schedule for 2023, exceeding the average of 115 event dates in previous years.
Coming up on the Alamodome schedule are performances by global superstars Karol G (Aug. 31), P!nk (Sept. 25) and Guns ‘N Roses (Sept. 26). The next UTSA football season kicks off in September.
Zito acknowledged the promoters who have helped make the facility so successful, including the Valero Alamo Bowl, Live Nation, Feld Entertainment, University Interscholastic League, Cheer Power, NCAA, San Antonio Home and Garden Show, San Antonio Sports, the Spurs and AEG, among others.
Richard Oliver is Communications Manager at the Alamodome.
Philip P. Greco, Owner and President of The Odeum Expo Center in Villa Park, Illinois, and longtime resident of Villa Park and Elmhurst, passed away peacefully at his Elmhurst home surrounded by family and loved ones on June 20, 2023.
Phil battled the devastating disease of ALS for 5 ½ years with tremendous strength and courage. His optimism, wit, and humor throughout have been an inspiration to all who shared in his life.
Phil was a graduate of Marmion Military Academy and Elmhurst College. For 40 years, he served as the Owner and President of The Odeum Expo Center, a family business that hosted a variety of special events including concerts, indoor soccer, corporate events, and public tradeshows. Phil loved the challenge of producing unique and complex events that were visited by over 1.2 million visitors each year.
“Phil and I spent many years together in District III back in the good old days,” said Brad Walsh, facility director at the Odeum Expo Center. “He was a tremendous guy and a great friend to everyone he ever met. He’ll be missed by all who had the opportunity to know him.”
Through the years, Phil also remained involved with PEP Industries, a manufacturing company established by the family in 1947, which specializes in ecclesiastical furnishings for Catholic churches.
Phil was involved with many community events and organizations. He volunteered his time and expertise with the Elmhurst Summer Fest, Village of Villa Park Economic Development Committee, International Association of Venue Managers (IAVM), Villa Park Chamber of Commerce, along with many other organizations and events in Villa Park and Elmhurst. Phil played a key role in establishing the DuPage County Convention and Visitors Bureau, serving on the inaugural board of directors and continuing to serve for many years thereafter.
Over his lifetime, Phil was recognized for his service and generosity. Most notably, Phil, along with the Odeum and his family, were recognized By DuPage County Board and Village of Villa Park Board of Trustees with several Proclamations for their investment and commitment to the community. One such contribution was the development and construction of The Great Western Trail Head Arch.
In his own fight with ALS, Phil helped fund a study with Northwestern Memorial Hospital studying the positive and clinical effects of yoga and breathing exercises on ALS patients. This study will soon be published and has already proved helpful for many patients with lung disease.
Phil leaves behind his wife, Kathleen (nee Olinger); daughter Jordan (Blake) Lejcar, granddaughter Loretta, brother Patrick Greco, Sr., and sisters Francine “Sis” Greco (Bruce Campbell) and Renee Greco, his nieces and nephews Patrick Greco Jr (Antoinette), Carly Greco (Dave Bischoff), Shannon (Jeff) Rodenberg, Tara (Andy) Wilhoit, Colin (Taylor) Murphy, Jeff (Melissa) Schultz, and Kristen Schultz, and many great-nieces and great-nephews.
Phil loved his family, all of whom were so proud of him. He was an inspiration to all of us and will be truly missed.
Memorial donations, in Phil’s name, may be made to the Les Turner ALS Foundation for research at
Northwestern Memorial Hospital by clicking here.
By Caroline Passe
Patron Technology, a leading global technology provider behind the most iconic brands in the live entertainment industry, announced the launch of its holistic rebrand as Leap Event Technology. Since its inception in 2017, the company has been the only major player offering its thousands of worldwide clients an all-in-one live event solution. Built through developing, acquiring, and integrating a suite of solutions for fan-centric data management, ticketing, mobile apps, payment services, and attendee engagement, the company’s start-to-finish approach remains unmatched. The new name, Leap, better reflects the company’s vision of empowering event organizers to elevate and transform how their attendees experience events through powerful technology and data insights.
Leap’s suite of unified solutions includes ticketing products like ShowClix, GrowTix, and Ticketleap; performing arts CRM PatronManager; entertainment marketing solution Fan Interactive; mobile app software Greencopper; and more. For now, the company’s existing clients should not expect any operational changes regarding their contracts, tools, and services as they currently use them. While existing names for individual Leap products and solutions will remain the same for the time being, the Leap branding will eventually extend across and replace the aforementioned sub-brands in the coming months.
“Our mission is to empower our clients to expand and elevate how attendees experience events,” said Marc Jenkins, CEO of Leap. “Transforming Patron Technology into Leap Event Technology signifies a huge step in advancing that mission. Our unified approach, enabling organizers to manage events from start to finish with just one technology vendor, also means that valuable data is no longer being left uncaptured. Leap, as a company, represents an elevation of the overall event experience by capturing and acting on this data, all in one place.”
Relied upon by the organizers behind countless iconic attractions, music venues, and festivals, fandom conventions, sports leagues and teams, and arts organizations, the new branding also means Leap’s purpose is clearer than ever. “We’ve spent the last several years acquiring companies and building out an unmatched tech solution fit for the world’s best events. Shifting the focus from the individual sub-brands and unifying everything we offer under this new Leap branding makes the scope of what we bring to the table more apparent,” said Michael Marty, President of Leap Event Technology. “While the name ‘Leap’ will become more recognizable than ‘Patron Technology’ ever was, our commitment to helping our clients take center stage in creating unforgettable experiences will never waver.”
Caroline Passe is Public Relations Coordinator for Leap Event Technology.