First Research US Industry Profile

View Sample
Performing Arts Companies
SIC Codes: 7922, 7929
NAICS Codes: 7111
Last Quarterly Update: 5/13/2019
Companies in this industry produce live presentations by actors, singers, dancers, musical groups, and other performing artists. Major companies include the Lyric Opera of Chicago, the Metropolitan Opera Association, The Public Theater, and the San Francisco Symphony (all based in the US), as well as Cirque du Soleil (Canada) and The Royal National Theatre (the UK).
Worldwide, performing arts are typically located and nurtured in large urban settings, where diverse populations may provide audiences for multiple types of entertainment. Rising middle class populations in Asia and Latin America are driving industry growth in these regions.
The US performing arts industry includes about 9,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $17 billion.
Competitive Landscape
Personal income and leisure time drive demand for performing arts. The profitability of individual companies depends on producing performances that audiences want to see and on efficient operations. Large companies have advantages in marketing, fundraising, and attracting star performers. Small companies can compete effectively by specializing in new, unique, or popular works. The US industry is fragmented: the 50 largest companies account for about 30% of revenue.
Products, Operations & Technology
Admissions account for 45% of US industry revenue; contract fees, 25%; and contributions and grants, 15%. Other revenue sources include food, beverage, ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

02/11/2019
11/05/2018
08/06/2018
05/07/2018
02/05/2018
10/30/2017
07/31/2017
05/01/2017
01/30/2017
10/24/2016
07/25/2016
04/25/2016
01/25/2016
10/19/2015
07/20/2015
04/06/2015
12/22/2014
09/29/2014
07/07/2014
04/14/2014
01/20/2014
10/14/2013
07/22/2013
04/29/2013
02/04/2013
10/29/2012
08/06/2012
05/21/2012
02/27/2012
11/07/2011
08/08/2011
04/25/2011
01/24/2011
10/11/2010
07/19/2010
04/12/2010
01/04/2010