'Women are under represented in the music business': Live biz reveals gender pay gap figures

'Women are under represented in the music business': Live biz reveals gender pay gap figures

Live Nation has said it is "committed to increasing women and diversity in our workforce" after revealing wide gender pay gap figures. 

Women’s mean hourly wage is 80% lower than men’s in the company, up 18% on the previous year, although its median figure decreased 8% to 23%. The bonus gap is 91% (mean) and 36% (median).

"Women are under represented in the music business," said Live Nation UK & Ireland chairman Denis Desmond in the firm's 2018 Gender Pay Gap report. "The Gender Pay Gap is reflective of this, particularly with more men in the revenue generating roles at the higher end of the salary scale. This is something we want to see change.

We are committed to bringing more women into our workforce through promoting all types of career options, and particularly helping influence young people to consider our industry."

The firm's Ticketmaster division recorded a gender pay gap of 44% (mean) and 23% (median). Women's mean bonus pay is also 65% lower than men's (12% median). 

"As a technology-led business, our Gender Pay Gap reflects the broader societal challenges of getting more women into the technology sector," said Ticketmaster president Mark Yovich. "There is an acute skills shortage in this area, with women accounting for just 25% of all UK STEM graduates. Only 16% of leadership positions in the technology industry are held by women. 

"Of course, we want to see more women in the technology industry and have been working with several organisations who provide opportunities for women to get into tech.

"We are committed to increasing women and diversity in our workforce and being an inclusive environment where everyone can succeed."

Live Nation subsidiary Academy Music Group declared a mean gap of 21% and a median difference of 6%.

Elsewhere, Anschutz Sports Holdings – which owns The O2 and AEG Presents – revealed a 43.6% (mean) and 36.8% (median) difference, while its bonus pay gap was 61.9% (mean) and 31% (median).

Promoter and venue operator DHP Family's pay gap was 11.6% (mean) and 5% (median), while SMG Europe - operator of arenas in Leeds, Manchester and Newcastle, among others, recorded a mean figure of 16.6% and a median pay gap of 6%.

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