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Canada. Revenues Rise for Spectator Sports and Event Promoters

The operating revenues for Canada's spectator sports, event promoters, artists and related industries reached $5.5 billion in 2007, up 9.6% from 2006.

The increase was largely the result of a 15.2% rise in revenues among promoters of performing arts and sports, whose revenues amounted to $1.9 billion. The operating profit margin grew to 4.1% in 2007 from 2.9% in 2006.

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Spectator sports generated $2.4 billion in revenues, representing over 40% of the total industry operating revenue. Profit margins for spectator sports declined, as operating expenses (+8.9%) outpaced operating revenues (+7.2%).

The operating profit margin for agents and managers for artists, athletes, entertainers, and other public figures remained steady from a year ago at 10.6%. Operating revenues increased by 6.7%.

Source: Statistics Canada, March 16, 2009


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