Resilience and Innovation: Key insights from PLASA’s Annual Report on the live entertainment technology industry

November 20, 2024

The live entertainment technology industry has demonstrated remarkable resilience in the post-COVID era, with strong demand for live experiences fuelling recovery across many areas.

However, as the sector regains stability and pushes toward renewed success, it faces new challenges that require a proactive, collaborative approach.

According to the latest annual report from our partner the Professional Lighting & Sound Association (PLASA), key areas of focus include navigating Brexit regulations, addressing sustainability goals, and fostering industry-wide collaboration. These insights highlight the evolving priorities and opportunities for businesses in the live entertainment and media sectors.

Below we highlight some of the key insights and takeaways from PLASA’s annual report, which you can read in full here.

 

  1. Recovery driven by live experiences

PLASA members, many of whom work in live entertainment technology, report encouraging trading conditions as audiences return to live events. This recovery is a stark contrast to challenges faced by adjacent sectors, such as film and TV, which continue to grapple with the fallout of the 2023 US Writers’ Strike.

For the live entertainment industry, demand for in-person experiences remains a driving force behind positive momentum.

 

  1. Brexit and Sustainability: The Dual Challenges

While the sector thrives, it must address significant challenges brought on by Brexit and new sustainability targets:

  • Brexit impact – Large tours face increased bureaucracy and logistical hurdles, particularly at borders. The added paperwork and regulations require careful planning and collaboration across organisations to minimise disruptions.
  • Sustainability goals – The push for environmentally friendly practices is reshaping how large-scale events are planned and executed. Coldplay’s Music of the Spheres tour exemplifies innovation in this area, achieving a 59% reduction in carbon emissions compared to their previous tour. This was achieved through sustainable production practices, reduced freight impact, and minimised travel emissions. Learn more about Coldplay’s emissions strategy here.

 

  1. The National Rigging Certificate (NRC): Setting industry standards

PLASA continues to champion the National Rigging Certificate (NRC), which sets a professional benchmark for those working at height in live events. Since 2023, 195 new riggers have registered, and 115 have been certified. This qualification is recognised by major UK venues, many of which require NRC-certified riggers for operations.

 

  1. Commitment to Equality, Diversity, and Inclusion (EDI)

Equality, Diversity, and Inclusion (EDI) remains a key focus for PLASA. Their events now feature diverse seminar content and speakers, including notable contributions from organisations such as Women in Lighting and Production Futures. This commitment reflects the sector’s dedication to fostering an inclusive and forward-thinking community.

 

A Bright Future for Live Entertainment

PLASA’s annual report underscores the resilience, adaptability and innovation of the live entertainment industry. Despite ongoing challenges, the sector is well-positioned for future growth, supported by collaborative efforts, professional standards like the NRC, and a commitment to sustainability and inclusivity.

At Yutree, we are proud to work with businesses in this dynamic sector, offering tailored insurance solutions that address the unique risks they face. From sound and lighting companies to event organisers, we provide coverage and guidance to help clients navigate their challenges and seize new opportunities.

For more information about how we can help live entertainment and media businesses, get in touch with the Yutree team today.

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