Australia's Music Biz Supports Touring Initiative 'Michael's Rule'
Leaders from the music industry’s trade bodies and major organizations are backing the initiative in a “virtually unprecedented moment of consensus.”
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Leaders from the music industry’s trade bodies and major organizations are backing the initiative in a “virtually unprecedented moment of consensus.”
Among 51 Australian music festivals surveyed, more than half turned a profit but 35% lost money with a median deficit of $470,000.
“We’re busy working on an incredible lineup sure to create another One Night Stand for the history books and we can’t wait to see where we’ll be heading in 2024.”
The long-running music spectacular had been due to take place from July 19 to 21 at the North Byron Parklands, with Kylie Minogue headlining.
New inquiry launched to ascertain the future of an eroding music festival landscape.