Culture10:50 · Jun 11

A Hole in the Pocket: Israel’s Live Music Industry Is Booming and Raking in Millions

Calcalist
Translated & summarized from Calcalist by baba
The story · English

It seems there have never been so many major shows happening here at once. Every week brings a new ticket sale, and every few days another concert is added to a stadium or park lineup, as the biggest stars of Israeli music, Omer Adam, Noa Kirel, Eyal Golan, Pe'er Tasi, Aviv Geffen with Nashaf Rock, Ben Zur, Ofer Nissim’s Pride concert and others, take over the country’s largest stages: from the new MAX Amphitheater in Rishon Lezion, through Ramat Gan Stadium, Petah Tikva and Bloomfield, all the way to Yarkon Park. Just tonight, there are reports of especially heavy traffic in Gush Dan because of several simultaneous shows, Omer Adam in Ramat Gan, Eyal Golan at Bloomfield, and Ben Zur in Petah Tikva. Yet this race is taking place under extraordinary conditions. The near-total absence of international concerts has left stadiums and parks available and given local artists the chance to take center stage. In the years before the war, Israel seemed to have become a stop on the touring circuit of the world’s biggest stars, with a series of shows that culminated in Bruno Mars’s performance at Yarkon Park on 4.10.23. Since then, almost no international artists of similar stature have come here. For all the abundance, every production involving tens of thousands of spectators takes place under a cloud of security uncertainty, as talk of escalation or war can quickly turn an event built over months into a question mark. Summer 2026 has thus become not only a particularly crowded concert season, including on the roads, but also an unprecedented economic and cultural experiment for the local music industry, and a source of endless tension for producers and artists.

Ticket prices range from 189 to 499 shekels, with discounts The cheapest entry ticket to the major summer shows starts at 189 shekels, while the most sought-after seats in some performances reach 499 shekels. Alongside list prices, nearly all the shows are accompanied by discount promotions from credit card companies, consumer clubs and workplace committees. As a result, some spectators actually pay tens of shekels less than the official ticket price, while producers benefit from exposure to broader audiences and large-scale sales.

This year, the Israeli concert market spans a wide range of venues, from the new MAX Amphitheater in Rishon Lezion, which holds about 20,000 spectators, to Bloomfield with about 30,000 seats and Ramat Gan Stadium with about 40,000 seats, and up to Yarkon Park, which can hold about 60,000 people in one evening. In terms of potential audience, that means hundreds of thousands of tickets are being offered for sale during the summer months alone.

How much is earned in one evening? In simple terms, gross revenue equals the average ticket price multiplied by the number of spectators. According to this formula, if the average ticket price for a show is about 350 shekels and the audience is about 30,000, that comes to roughly 10.5 million shekels in gross revenue per night. If there are 50,000 spectators, it rises to about 17.5 million shekels.

It is important to note that gross revenue is not profit. From that amount come VAT, ticketing fees, production and operating expenses, security, ushers, licensing, marketing and advertising, insurance, artist and musician fees, and more. A large show at Yarkon Park that generates between 10 and 17 million shekels in ticket sales leaves a joint profit for the artist and producer of between 4 and 9 million shekels. The split between them depends on the individual contract.

Sponsors and partnerships are another significant source of income. A main sponsor, a company that pays a large sum in exchange for branding the show, can contribute anywhere from tens of thousands to hundreds of thousands of shekels. Secondary sponsors are several smaller companies that receive on-site exposure. Partnerships with credit card companies and consumer clubs take the form of early exclusivity or discounts, and in return the company finances part of the production or buys a quantity of tickets in advance.

Demand is growing, but it is not guaranteed Israeli audiences are hungry for shows, and demand has risen in recent years. According to the concert website muzi.co.il, which examined the annual concert index and analyzed Israel’s concert market on the last Rosh Hashanah, in 2025, demand is up 25 percent compared with the previous year. The analysis was based on audience behavior and about 2 million concert searches and ticket-purchase referrals over the past year.

But in a country like Israel, not everything goes smoothly. Under the current security situation, producers remain in almost total uncertainty until the last moment about whether events will take place, and sometimes are forced to make emergency decisions to postpone or cancel just hours before the gates open. That was the case, for example, with Omer Adam’s show that had been planned in Petah Tikva and was canceled due to Home Front Command instructions, and with Agam Buhbut’s show that was scheduled for Caesarea and was postponed. This creates ongoing disruption to production schedules, with a domino effect that makes advance planning difficult and harms both the audience and the industry as a whole. In terms of losses, every postponement or cancellation brings costs that have already been paid, to artists, technical crews, stages, security and marketing, alongside lost income from tickets sold in advance and sometimes refunded. There is also indirect damage to ancillary sales, parking, food and sponsorships, which forces producers to work with very high levels of risk and add insurance and cancellation clauses to nearly every production.

“Pure masochism” Veteran producer Rami Beja, who has already lived through years of pandemics and wars, describes the days before Noa Kirel’s major shows at the MAX Amphitheater in Rishon Lezion last week: “There was a huge real fear. We live from bulletin to bulletin. In the middle of the setup and the investment on the ground, headlines and threats came in. I was on site with the lead producer, and with Noa’s management, which closely accompanied the setup for weeks. These are investments of millions of shekels, and a cancellation is a catastrophe. Even a postponement causes losses, and the operation does not always allow it.

“Our industry, the music and private culture industry, is desperate for continuous routine in order to carry out and realize major projects. This profession, show business, which provides a livelihood for hundreds of thousands and entertainment for millions, is based on risk management. But in Israel it is pure masochism. It is a bug driven not only by economics but by a psychological need. The artists live it, and we producers touch it. That is how it is all over the world. But in Israel there is an additional permanent element of uncertainty, a security threat that automatically shuts down any gathering, and that has already caused huge investments to go down the drain.

“Major shows in parks and stadiums are at an international level, and all of them are financed out of private pockets, with enormous investments. In such periods, which recur but still involve uncertainty, people consider whether to hold the event at all, whether to go ahead or wait for stability and calm that never really comes. It requires extra boldness, so the biggest acts that manage to proceed succeed מאוד, the mid-sized ones survive, but unfortunately many small ones die. And that is בלי even mentioning the international park productions that have not existed for three years now, and who knows when they will return.”

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