Friday, 12 September 2014

German live sector bounced back in 2013

Germany's concert and events sector rebounded in 2013 after falling by 16 per cent in the previous year according to a new survey. The results, published by the Consumer Research Association on behalf of event organisers and agents association BDV and Musikmarkt magazine, show turnover increased by 15 per cent last year to €3.822 billion ($5.043bn), a rise of €500 million ($660m). FKP's Scorpio boss Folkert Koopmans told Audience magazine the growth was due to the economic recovery and an increase in major stadium tours over 2012.

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