Live music demand growing 7% annually to 2030
A 2025 Goldman Sachs report projected demand for live music to grow 7% annually until 2030, though ticket prices have already risen 50% since 2019.
Snapshot · The Prof G Pod with Scott Galloway
No Mercy / No Malice: World Cup Experience
Explore episode
Jun 27, 2026
Where this was said
Live Entertainment Boom: Movies, Concerts, and Wall Street
At 9:10 · chapter starts 7:50
Galloway marshals a barrage of data to establish that out-of-home entertainment is genuinely booming. Axios media correspondent Sarah Fischer told him directly: streaming is plateauing, bundling and price hikes are symptomatic, and the real growth is in live experiences. The 2026 domestic box office bears this out — on pace for $10 billion, the highest since the pandemic, with attendance (up 7%) outpacing price increases (up 3%). Two Hollywood horror films directed by YouTubers, Backrooms and Obsession, illustrate how democratized content creation is feeding the theatrical machine. Fandango reports that Zoomers and millennials averaged 7 theater visits in 2025 and that for young people the social experience outweighs the movie itself. The live concert business tells a similar but darker story: Live Nation and Ticketmaster reported 11% ticket growth but control 70–80% of major venue ticketing [1] — George Hahn "Live Nation and Ticketmaster control 70–80% of major US concert venue ticketing — and a jury found them guilty of antitrust violations in A…" 08:47 , and were found guilty of antitrust violations in April. A 2025 Goldman Sachs report confirms demand will grow 7% annually to 2030 — but a 76% rise in ticket revenue since 2019, fueled by 50% price inflation, is already pricing out fans at the low end of the market.
Domestic box office on pace for $10B
The 2026 domestic box office is on pace to earn $10 billion, the highest total since the pandemic and only 10% off the pre-pandemic peak.
Live Nation's Monopoly and the Fan Squeeze
Live Nation and Ticketmaster control 70–80% of major US concert venue ticketing — and a jury found them guilty of antitrust violations in April. Meanwhile, average concert ticket prices rose 50% between 2019 and 2024, pricing out fans at the low end.
Live Nation ticket sales up 11% YoY
Live Nation and Ticketmaster reported an 11% year-over-year increase in ticket sales, controlling 70–80% of major US concert venue ticketing.
The World Cup's $9 Billion Economic Impact
Bloomberg Intelligence estimates the 2026 World Cup will generate $9 billion for FIFA and $80 billion in global economic activity. With 6 billion viewers, it's the most-watched and economically impactful tournament in history.
6 billion people watching the World Cup
An estimated 6 billion people are watching the 2026 World Cup in some form, making it FIFA's most popular tournament to date.
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