{"id":2062349,"date":"2025-10-01T16:01:22","date_gmt":"2025-10-01T16:01:22","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2062349"},"modified":"2025-10-01T16:01:22","modified_gmt":"2025-10-01T16:01:22","slug":"is-joy-recession-proof-only-22-would-give-up-live-entertainment-if-financially-squeezed-european-sponsorship-association","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/is-joy-recession-proof-only-22-would-give-up-live-entertainment-if-financially-squeezed-european-sponsorship-association\/","title":{"rendered":"Is joy recession proof? Only 22% would give up live entertainment if financially squeezed \u2013 European Sponsorship Association"},"content":{"rendered":"<p><\/p>\n<div itemprop=\"text\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"\/>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>New report from AEG unveils the unparalleled power of live music and events in the UK<\/em><\/p>\n<\/blockquote>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><\/figure>\n<\/div>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li>46% of live music fans prioritise spending on live entertainment even during times of economic uncertainty<\/li>\n<li>Feelings of excitement (70%), joy (63%) and even euphoria (32%) make fans unwilling to cut live event expenditure<\/li>\n<li>The halo effect has seen one in two fans make a purchase decision based on a brand\u2019s association with a live music event<\/li>\n<li>Consumer attention at live events greater than when speaking with family and friends<\/li>\n<\/ul>\n<\/blockquote>\n<p>As a nation of live entertainment fanatics<sup>1<\/sup>, nearly half (46%) of live music fans<sup>2<\/sup>\u00a0prioritise spending on live entertainment, even during times of economic uncertainty. Consumers are unwilling to forgo opportunities to feel positive emotions, like joy and excitement, and make lasting memories.<\/p>\n<p>According to\u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/theliveeffect.komo.site\/\">The Live Effect<\/a>\u00a0\u2013 a new report from AEG Global Partnerships, the sponsorship arm of the world leader in live sport and entertainment, which investigates the power of live music for consumers and brands in the UK \u2013 only one in five (22%) would cut live entertainment if they needed to reduce their spending due to financial pressures. Consumers are more likely to cut spending on luxury grocery items (41%), dining out (31%), fitness memberships (30%) and even international holidays (30%) to hold onto live experiences.<\/p>\n<p>Among dedicated live music fans, who have attended at least six shows in the past three years, only 16% would give up live entertainment \u2013 ranking it 13th out of 14 categories on the chopping block and highlighting the value music-loving consumers place on live events.<\/p>\n<p><strong>The feel-good factor<\/strong><\/p>\n<p>Strategy experts from AEG\u2019s Global Partnerships division put the inclination to prioritise live events down to the impact of positive emotions. Anticipation builds from the moment of booking, with 59% feeling highly excited when purchasing live music tickets \u2013 second only to booking a holiday (70%).<\/p>\n<p>When attending events, music fans feel excitement (70%), joy (63%) and even euphoria (32%). Many also feel a sense of freedom (35%), inspiration (35%) and nostalgia (34%). For all but 2% of fans, these feelings extend far beyond events themselves, with around one in five (22%) agreeing that the positive emotions become lasting memories.<\/p>\n<p><strong>Halo effect<\/strong><\/p>\n<p>Positive emotions and cherished memories ensure that live music remains a high priority despite economic instability and high inflation, but they also create a halo effect for brands who can elevate experiences. Nearly half (49%) of fans have made a purchase decision based on a brand\u2019s association with a live entertainment event, increasing among traditionally hard-to-reach Gen Z and Millennials consumers (73% and 65% respectively).<\/p>\n<p>Heightened emotions at live music events also impact attention. The Live Effect reveals that fans\u2019 attention at live music events (rated an average of 8.10 on a scale of 1-10) is greater than when talking with family and friends (7.62), watching a movie in a theatre (7.51) or browsing social media (5.70), allowing partner brands to land messages more effectively and build deeper connections. <\/p>\n<p>Seven in ten (70%) say they have felt \u2018at home\u2019 among people who understand them at a live music event, while 63% report making an immediate connection with strangers. Remarkably, half (53%) even feel more understood by fellow fans than by people in their everyday lives.<\/p>\n<p><strong>Paul Samuels, President \u2013 Global Partnerships at AEG International, <\/strong>said:\u00a0\u201cIn times of economic instability, sometimes we need a little joy and excitement in our lives, which is why so few fans are prepared to curb their spending on live entertainment in the face of financial hardship. <\/p>\n<p>\u201cBrands that can elevate fans\u2019 experiences through authentic activations can harness the halo of the positive emotions and heightened attention to shift perceptions, increase consideration, boost sales and build lasting relationships with niche or hard-to-reach groups of consumers.\u201d<\/p>\n<p>For more information on AEG\u2019s The Live Effect report, visit:\u00a0<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.aeggp.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">AEG Global Partnerships<\/a> <\/p>\n<p>-ENDS-<\/p>\n<p style=\"font-size:14px\"><sup>1<\/sup>\u00a079% of fans agree that live music creates a sense of community that digital entertainment cannot match.<\/p>\n<p style=\"font-size:14px\"><sup>2<\/sup>\u00a0For the purposes of the study, live music fans were defined as consumers who have attended at least one live music event in the past three years (60%).<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p style=\"font-size:14px\"><strong>About the research<\/strong><\/p>\n<p style=\"font-size:14px\">The study, developed by AEG\u2019s Global Partnerships Research and Insights team, surveyed 3,000 UK adults aged 18+, with quotas for age, gender, region and other demographics to approximate the national online population. Interviews were conducted between 19 April and 7 May 2025.<\/p>\n<p style=\"font-size:14px\"><a rel=\"nofollow\" target=\"_blank\" rel=\"noreferrer noopener\" target=\"_blank\" href=\"http:\/\/www.aeggp.com\/\">About AEG Global Partnerships<\/a><\/p>\n<p style=\"font-size:14px\">AEG Global Partnerships oversees the worldwide sales and servicing of sponsorships for AEG\u2019s entire portfolio of assets. Creating customised and innovative marketing programs for established and emerging brands, it has created some of the most iconic brand partnerships in the entertainment industry, including The O2 in London and Coachella Music Festival.\u202f\u202f\u202f<\/p>\n<p style=\"font-size:14px\">Overall, the division manages naming rights deals, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 160 million guests annually. More information about AEG Global Partnerships can be found at\u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"noreferrer noopener\" target=\"_blank\" href=\"http:\/\/www.aeggp.com\/\">www.aeggp.com<\/a>.<\/p>\n<p style=\"font-size:14px\"><a rel=\"nofollow\" target=\"_blank\" rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/aegeurope.com\/\">About AEG Europe<\/a><\/p>\n<p style=\"font-size:14px\">AEG Europe creates communities, places and spaces that deliver memorable moments through live entertainment and sports, giving the world reason to cheer.<\/p>\n<p style=\"font-size:14px\">AEG Europe is a subsidiary of AEG, the world\u2019s leading sports and live entertainment company. AEG Europe\u2019s extensive portfolio of live entertainment and sports assets across the region includes: an array of best-in-class venues, such as The O2 and Eventim Apollo in London; Barclays Arena in Hamburg; Uber Arena, Uber Platz and Uber Eats Music Hall in Berlin; and Accor Arena in Paris; as well as renowned music festivals, including American Express presents BST Hyde Park in London and Rock en Seine in Paris. Our venues host some of the world\u2019s best sports events and are home to prestigious sports franchises, including AEG\u2019s own Berlin Eisb\u00e4ren ice hockey team at the Uber Arena.<\/p>\n<p style=\"font-size:14px\">Colleagues across Europe work together to create world-class live entertainment and sports experiences. AEG\u2019s venue teams develop and operate best-in-class arenas and districts; AEG Presents promotes and manages concerts and tours, oversees renowned venues and produces some of the world\u2019s leading music festivals; AXS Ticketing connects fans to events through specialist technology solutions; and AEG Global Partnerships links corporate brands into the company\u2019s world-leading network of assets.<\/p>\n<\/blockquote>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source sponsorship.org \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New report from AEG unveils the unparalleled power of live music and events in the UK 46% of live music fans prioritise spending on live entertainment even during times of economic uncertainty Feelings of excitement (70%), joy (63%) and even euphoria (32%) make fans unwilling to cut live event expenditure The halo effect has seen [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2062350,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2062349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/10\/Is-joy-recession-proof-Only-22-would-give-up-live.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2062349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2062349"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2062349\/revisions"}],"predecessor-version":[{"id":2062351,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2062349\/revisions\/2062351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2062350"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2062349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2062349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2062349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}