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Industry Landscape

The live entertainment industry is experiencing a robust recovery and growth phase post-pandemic, driven by strong consumer demand for in-person experiences. Technology continues to play a pivotal role in ticketing, fan engagement, and personalized experiences, while diversification into various genres and unique event formats is key to capturing broader audiences. Sustainability and accessibility are growing considerations for promoters and venues.

Industries:
Concert PromotionLive EventsTicketingFestivalsComedy Shows

Total Assets Under Management (AUM)

Live Music Revenue in United States

~Estimated 30.8 billion USD in 2023

(10.4% CAGR)

-Driven by strong ticket sales and increased attendance.

-Festivals and tours by major artists contribute significantly.

-Growth across diverse genres, from pop to country.

Total Addressable Market

30.8 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

Blockchain Ticketing

Utilizing blockchain technology to create secure, transparent, and immutable tickets, combating fraud and enabling verified secondary markets.

AI-Powered Personalization

Leveraging artificial intelligence to analyze fan data and deliver highly personalized event recommendations, marketing messages, and in-venue experiences.

Extended Reality (XR) Experiences

Integrating virtual reality (VR), augmented reality (AR), and mixed reality (MR) to offer immersive pre-show content, interactive event elements, and hybrid live/virtual experiences.

Impactful Policy Frameworks

Banning Deceptive Ticketing Practices (Various State Laws, 2023-2024)

Several U.S. states are enacting or considering legislation to ban speculative ticketing, require all-in pricing, and increase transparency in the secondary ticketing market.

This directly impacts Outback Presents by requiring more transparent pricing and potentially restricting their ability to use certain marketing tactics or partner with secondary market platforms.

American Innovation and Choice Online Act (AICOA) (Proposed, 2023-Present)

While not directly passed, this proposed federal legislation aims to curb anti-competitive practices by dominant online platforms, which could impact how ticketing platforms operate and integrate with promoters.

If enacted, AICOA could lead to significant changes in platform-promoter relationships, potentially fostering more competition in ticketing services and affecting Outback Presents' distribution strategies.

California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA) (Effective 2020, 2023)

California's comprehensive data privacy laws grant consumers significant rights over their personal information, including the right to know, delete, and opt-out of the sale or sharing of their data.

Outback Presents must maintain robust data privacy protocols and transparency, impacting how they collect, use, and share customer data for marketing and operational purposes, as already evidenced by their compliance.

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