The Economic and Cultural Value of Live Music in the Northern Territory

Valuing the economic and cultural contribution of live music is a complex task. Live music impacts physical, human, social, and symbolic capital at both an individual and community level. Audiences derive a range of tangible and intangible benefits from experiencing live music that are not easily captured, or expressed, through the price of a ticket. Similarly, the overlapping creative, cultural and commercial concerns that motivate live music producers are not easily reducible to a balance sheet.