Post by markbelding on Jun 13, 2024 10:55:38 GMT -6
For the concert business, 2023 was a champagne-popping year. The worst of the pandemic comfortably in the rearview, shows big and small were selling out, with mega-tours by Taylor Swift, Beyoncé, Drake and Bruce Springsteen pushing the industry to record ticket sales.
This year, as with much of the economy, success on the road seems more fragile. A string of high-profile cancellations, and slow sales for some major events, have raised questions about an overcrowded market and whether ticket prices have simply gotten too expensive.
This year, as with much of the economy, success on the road seems more fragile. A string of high-profile cancellations, and slow sales for some major events, have raised questions about an overcrowded market and whether ticket prices have simply gotten too expensive.
www.nytimes.com/2024/06/06/arts/music/tours-jlo-black-keys.html
I believe I have said this before, but I attend a lot fewer concerts these days. Most of the dinosaurs I grew up with have either stopped performing or they should have, looking at you Journey. Not only are we seeing acts that are not at their prime, ticket prices are often way up there. Some bands like the Eagles may still be able to make it work, but I am only willing to pay so much to see Heat, which now apparently is $25 plus fees. This has been coming for a long time and will only get worse. Taylor Swift and Beyoncé are only going to appeal to their limited audience, and while they are big draws in their relative niches, they are not crossing over the rest of us.
